- 4 Bedrooms
- 2 Bathrooms
This will be a live stream auction. Bidding will be available by either telephone, proxy or online bidding. If you wish to bid, please download the bidding form and return it by email or post with copies of your ID and proof of address.
Commercial Investment opportunity - Potential Yield Circa 5/6 %. Tenanted detached converted barn set in approximately 1 acre. Positioned within a rural location on the outskirts of Bishops Tachbrook, Warwick.
Currently tenanted by an education facility with rent payable of £34,333 p.a.
The property is accessed via a shared drive which leads to front gates and can be found on Mallory Road, which is off the A452 Banbury Road.
Kitchen/dining room: 30 ft 1 in max x 16 ft 10 in max
Lounge 1: 16 ft 9 in x 9 ft 3 in
Reception room / Bedroom 4: 20 ft 6 in x 14 ft 7 in max
Reception room / Bedroom 3: 10 ft x 8 ft 9 in
Bedroom 2: 14 ft 1 in max x 12 ft 3 in max, 8 ft 9 in min
Bedroom 1 & en-suite: 9 ft 4 in max x 5 ft 8 in min
EPC RATING - D
Freehold subject to tenancy.
Lease Term: 60 months from 1st September 2018.
Rent payable: £34,333 p.a. (Rises annually by the rate of inflation)
Break clause 31st March 2021, with potential also to extend the current lease (by agreement with the current tenants).
Administration Fee: £1,650 (£1,375 plus VAT)
Please see the legal pack for any further costs.
Viewings are by appointment only.
Please call 024 7652 7789 for more information
The auctioneers have not recently inspected the property and all pictures have been provided by the seller.