Hairdresser/Barber Shop in Burton-On-Trent
42 and 42A Main Street, Stapenhill, Burton-On-Trent DE15 9AR
- Property Type: Hairdresser/Barber Shop
- Contract Type: Unconditional with Variable Fee
Guide Price* £70,000+ plus fees
Property Description
A freehold retail investment opportunity located in the centre of Stapenhill, in a mixed retail and residential area. The property benefits from on-street car parking close by. The ground floor is let on a commercial lease trading as a Barbers. The ground floor accommodation comprises sales area, together with store, kitchen and WC. The upper floor of the accommodation is an apartment, which has been sold off on a long lease. Further details will be provided within the legal pack. The subject property is well located along Main Street, just over 2 miles from the town of Burton upon Trent and a range of local amenities. Burton upon Trent is approximately 12 miles south-west of Derby and 30 miles north of Birmingham. Accommodation: Main Sales Area 3.85m x 5.08m (12ft 7 x 16ft 8) Sub First Floor Level 3.62m x 3.3m extending to 6.2m Wash Room 1.95m x 3.92m (6ft 5 x 12ft 11) Income We are advised the ground floor is generating £7,000 per annum on a 10 year lease from January 2023. Interested parties are advised to inspect the legal pack.
Note
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Tenure
Freehold
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
Auction Details
Date 30th May 2024
Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.
Lot Information
Contact Us
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