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An excellent opportunity to purchase a multi-let investment property, producing a gross rental income in the order of £40,260 per annum.
Tenure
Freehold
16 Stephensons Place
16 Stephensons Place is let as Lennons Snooker Centre, used as a snooker hall. The current tenant is holding over on a lease of £17,260 per annum. The vendor has advised us that the tenant wishes to sign a new lease for a period of 7 years. Prospective purchasers should satisfy themselves in this regard. The property comprises of a ground floor entrance hall with stairs leading to the first and seconds floors. Current EPC Rating: TBA
16A Stephensons Place
16A Stephensons Place is currently used as a hot food takeaway, known as Imrans Diner. The current tenant has 2 years left to run on their lease and the property is let out at £10,000 per annum. The vendors has advised us that the tenant wishes to remain in occupation and sign a new 7 year lease. Prospective purchasers should satisfy themselves in this regard. Current EPC Rating: TBA
15 Cavendish Street
15 Cavendish Street is currently used as a hot food takeaway, known as Akhis. The current tenant has recently signed a lease of 7 years at a rental of £13,000 per annum. Prospective purchasers should satisfy themselves in this regard. Current EPC Rating: TBA
Energy Efficiency Rating (EPC)
Current Rating TBA
Local Authority
Chesterfield Borough Council
Solicitors
Banner Jones, 24 Glumangate, Chesterfield, Derbyshire, S40 1UA, Ref: Andrew Fielder, Tel: 01246 560560
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - 1.25% plus VAT (1.5% inc VAT), payable on completion.
Administration Charge - £2340 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.