A three storey end of terrace property comprising of a ground floor retail unit currently used as a Beauty Salon together with treatment rooms to the first floor. The property produces a rental income of £5,700 per annum. The property is well presented and benefits from double glazing and steel roller shutters. The second floor has not been used and is in need of repair and modernisation.
The property could continue as existing or there is potential for possible conversion to residential, subject to any necessary planning consents.
Fronting Hawthorne Road on the corner of Bedford Road in a popular and well established location within close proximity to local amenities.
Main sales area, WC.
2 Beauty Treatment Rooms, Kitchen.
Business trades Wednesday through Saturday.
* Guide Price
An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
* Reserve Price
The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.