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Investment for sale in St. Austell

8 High Cross Street, St. Austell, Cornwall
For sale
£170,000
AUCTION PROPERTY
clive-emson-auctioneers
This property is marketed by:
Clive Emson Auctioneers
A substantial end-terrace freehold building situated within the heart of St Austell, close to a range of local amenities. The property comprises three flats, all of which are currently let and two commercial units, one vacant and one let.

Prospective bidders may wish to consider converting the vacant ground floor commercial unit into a studio apartment, subject to all necessary consents being obtainable.

Commercial
8A High Cross Street
Let on a periodic lease on a year-to-year basis at a current rental of 500 per month.
EPC Rating
B (46). Total Floor Area 49 sq.m.

8 High Cross Street
Currently vacant.
EPC Rating
D (78). Total Floor Area 41 sq.m.

Residential
First Floor
8B High Cross Street
One-bedroom flat.
Tenancy
Let under the terms of an Assured Periodic Tenancy at a current rental of 508.20 per calendar month.
EPC Rating E
Council Tax Band A

8D High Cross Street
One-bedroom flat.
Tenancy
Let under the terms of an Assured Periodic Tenancy at a current rental of 650 per calendar month.
EPC Rating E
Council Tax Band: Deleted

Second Floor
8C High Cross Street
Two-bedroom flat.
Tenancy
Let under the terms of an Assured Periodic Tenancy at a current rental of 675 per calendar month.
EPC Rating E
Council Tax Band A

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

Auctioneers Note
At the time of publication the Auctioneers have not internally inspected all parts of the property. Interested applicants should make their own enquiries to verify the information provided.

Residential EPC: E


Commercial EPC: B


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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