Mixed Use Building for Auction Newton Abbot TQ12 UNSOLD, CONTACT AUCTIONEER FOR RESERVE PRICE/AVAILABILITY STATUS

Auction Date 24 October 2024
Guide Price £195,000
Property Summary

Reserve Price Not Higher Than £195,000. Town centre freehold building comprising ground floor commercial premises (1173 sq ft, source EPC), let producing £20,000 pa. The upper parts comprise 4 x self-contained flats (sold off) producing combined ground rent of £400 pa. The flats are held on leases for 125 years from 01/05/2022, each producing £100 pa (rising to £200 pa 01/05/2027). 

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