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Commercial Property for Auction Driffield YO25 £350,000+ UNSOLD, CONTACT AUCTIONEER FOR RESERVE PRICE/AVAILABILITY STATUS
Guide Price:
£350,000
Auction Date:
20/09/2023
Property Types
This excellent commercial investment property comprises of a large ground floor retail unit currently let to the Post Office with 6 years left to run on an FRI lease at £17,051 pa and a first floor Cafe that is let on an FRI Lease with 7 years remaining at £12,465 pa, however, the tenants have exercised a break clause and the lease will expire early in 2024. The property is presented in excellent condition and offers a total floor area in excess of 4,500 sq ft. The current gross rental income is £29,516 pa.
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