4, High Street, Swadlincote, DE11 8JF

    Lot No: 11

    Property Type: Mixed Use

    Contract Type: Unconditional

Sold at Auction £368,000

Property Description

A freehold building arranged over ground, first and part second floor to provide a ground floor retail unit together with 5 one bedroom flats. The total current rent reserved is £39,000* annualised however, the retail occupier benefits from a £5,000 pa temporary Covid rent reduction, such that £34,000 is currently received.

Location:

The property is located on the south side of the pedestrianised high street opposite its junction with Belmont Street. Situated in the heart of Swadlincote the property benefits from proximity to other retails such as Boots, Greggs, as well as foot fall to the Swadlincote retail park which includes the Odeon, Cinima Home Bargains amongst others.

Rights of Way, Wayleaves, Easements, Restrictive Covenants Etc.

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

Note:

The buyers fee on this lot is £2.400 inc VAT

Tenancies:

For a schedule of tenancies and rents please e-mail [email protected]

Tenure

Freehold

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