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Investment for sale in Penzance

Garages Lying To The North Of Marine Terrace, Penzance, Cornwall
For sale
£90,000
AUCTION PROPERTY
clive-emson-auctioneers
This property is marketed by:
Clive Emson Auctioneers
A prime block of four garages with up and over doors, large garage/workshop and an adjoining garage/shed. Located close to Penzance seafront, this freehold property presents a potential investment opportunity.

Workshop
Generous size workshop with single up and over door, electric, window to side, inspection pit and workbench.

Site Measurements
The site extends to 0.02 hectares (0.04 acres).

Auctioneers Note
At the time of publication the Auctioneers have been unable to internally inspect all of the garages and interested applicants should rely on their own investigations to verify the information provided.

Tenancy
Three of the four garages are each let on Licence Agreement at 70 per calendar month.

Local Planning Authority
Cornwall Council. Tel: 0300 1234 151. Website: cornwall.gov.uk

Viewing
On site during daylight hours.

Freehold with Part Vacant Possession

Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.


Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/

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