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Lot 10

Freehold Vacant Shop & Upper
6 Week Completion

Situation

In the centre of Leominster, which is a historic market town lying approximately 15 miles north of Hereford and 22 miles west of Kidderminster. The property is located just off West Street which includes multiples such as Specsavers and Scrivens and is opposite a large Co-operative Supermarket and an Aldi (with free 90 minute car park for shoppers) and the town's Bus Station.
In addition, Black Swan Walk is the main pedestrianised link between the Co-operative Supermarket and the town centre.

Property

A corner building comprising a Ground Floor Shop with internal access to an Office/Ancillary Store on the first floor.

Accommodation

Ground Floor Shop
Gross Frontage 20'4"
Internal Width 19'5"
Shop Depth 25'6"
First Floor
Office/Ancillary Store 19'10" × 14'6"
WC

VAT is NOT applicable to this Lot

FREEHOLD offered with VACANT POSSESSION

Note 1: The smaller Vacant Shop & Upper at 1 Black Swan Walk sold for £65,000 in our July 2023 Auction and the adjoining shop was recently let at £6,240 p.a.

Note 2: There is an area of land adjoining the property which has been used by previous tenants for many years for parking 1 car, but no warranty is provided in this respect.

Video Tour

Click here to view the video tour of the property.

Enquire about this lot:

JOINT AUCTIONEER:
Wright Estate Agents
Tel: 01568 616 666 Ref: Jonathan Wright
post@jonathanwright.co.uk

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

5 Black Swan Walk, Leominster, Herefordshire HR6 8HU