Next auction Thursday 25th April 2.30PM

Cambridgeshire Motor House, 127A Kings Delph, Whittlesey, Peterborough, PE7 2PD



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Guide price

£150,000


Property Type

Investment


Key Features

  • Freehold investment let to Cambridgeshire Motor House
  • Located on Kings Delph A605 between Peterborough and Whittlesey
  • Let on new 5 year lease from 22nd December 2016 at a rent of £36,000 pa

Part of the 13 December 2018 auction
Nottingham Racecourse at 2.30PM

Freehold investment opportunity consisting of a vehicle showroom, MOT centre and yard let to Cambridgeshire Motor House in a prominent roadside location between Peterborough and Whittlesey

  • BUSINESS UNAFFECTED
  • Freehold investment let to Cambridgeshire Motor House
  • Located on Kings Delph A605 between Peterborough and Whittlesey
  • Let on new 5 year lease from 22nd December 2016
  • Currently let at a rent of £36,000 per annum
  • Total site measures approximately 0.9 acres
  • Industrial unit measuring approximately 7,819 sq ft
  • The industrial unit is used as an MOT workshop and car showroom
  • External yard is used as car sales and valeting service
  • Ideal investment opportunity

Please contact Auction Estates on 0115 7844 600

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold investment property let to Peterborough Auto Limited t/a Cambridgeshire Motor House on a 5 year lease from 22nd December 2016 at a current rent of £36,000 per annum

G

Email: rachael.martin@addleshawgoddard.com
Telephone: 0161 934 6430

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