Lot 119 - Mixed Commercial And Residential Investment Property
83-95 Carnarvon Road, Essex, CO15 6QA
Guide Price: *
£875,000
Fees apply
Buyer's fee:Check legal pack
All fees include VAT at 20%
Holding Deposit: *£5,000
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Opening bid:
£865,000Bid history
0 bidsCurrently let at £89,980 per annum
An unbroken freehold block comprising three commercial units (a pub and function room, fish & chip shop and hairdressers) with six flats above and to the rear. Each element of the building is let to full occupancy.
The building is well placed for a town centre location, accessible to shops, bars, restaurants, recreational facilities including Clacton-on-Sea seafront and transportation links including bus routes and railway station which connects to London (Liverpool Street).
The property may offer potential for future
re-configuration to incorporate more units, subject to all necessary consents being obtainable.
85 Carnarvon Road
Public House & Function Room
Ground Floor
Main bar area with kitchen behind and beer cellar, two cloakrooms/W.C., separate entrance lobby to function room opening to main hall area with additional bar and store, lean-to conservatory, male & female cloakroom/W.C., disabled W.C., boiler room/cupboard, separate shower room. Stairs up to:
First Floor
Store and office.
Outside
Covered outdoor smoking area.
89 Carnarvon Road
Fish & Chip Shop
Main sales counter area with fryers, food preparation area behind and cloakroom/W.C.
91 Carnarvon Road
Hairdressers
Main hair cutting area, rear inner lobby area and cloakroom/W.C.
Ground Floor
Communal entrance way to flats 83A & 83B with stairs to first floor level.
First Floor
83A Carnarvon Road
Entrance hallway, living room, two bedrooms, kitchen and bathroom.
Council Tax Band A
Second Floor
83B Carnarvon Road
Reception landing, cloakroom/W.C., living room, kitchen, three bedrooms and bathroom.
Council Tax Band B
Ground Floor
To the rear of the building there is a side entrance to give communal access to Flats 87, 87A and store cupboard.
87 Carnarvon Road
Entrance hallway, open plan living room/kitchen, shower room, bedroom and box room/storage.
Council Tax Band A
First Floor
87A Carnarvon Road
Entrance hall, living room/kitchen, two bedrooms and shower room.
Council Tax Band A
Ground Floor
To the side of the building there is a communal entrance way for access to Flats 93 & 95.
First Floor
93 Carnarvon Road
Entrance hallway, living room, kitchen, two bedrooms and shower room.
Council Tax Band B
Second Floor
95 Carnarvon Road
Landing, living room, kitchen, two bedrooms and shower room.
Council Tax Band B
Local Planning Authority
Tendring District Council. Tel: 01255 686868. Website: tendring.gov.uk
Summary
- Lot number
- 119
- Auction end
- 18th Sep at 13:22
- Property type
- Other
- Tenure
- Ask Agent
- Bedrooms
- 5+
- Bathrooms
- 3+
- Council tax band
- Ask Agent
Summary
- Lot number
- 119
- Auction end
- 18th Sep at 13:22
- Property type
- Other
- Tenure
- Ask Agent
- Bedrooms
- 5+
- Bathrooms
- 3+
- Council tax band
- Ask Agent
This property is being sold by:
Clive Emson - Essex, North & East London
01245 205778
First Floor, 129 New London Road, Chelmsford, Essex, CM2 0QT
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Clive Emson Auctioneers shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Clive Emson Auctioneers. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
