Property Description

A mixed-use investment opportunity comprising a retail unit trading as a butchers shop with apartment above plus freeholds for numbers 1-8 known as Saxon Court, located on the High Street, Bidford On Avon, a popular and up market village located in Warwickshire. Current rent passing £12,100 per annum. The property fronts the high street in a highly prominent location and consists of: 1 Saxon Court - a dog grooming business (previously butchers shop) extending approximately 41m2 (441 sqft) held on a lease with a 7 year term from April 2024 with current rent passing £5,500 per annum. There is access from front and rear of the property with a parking space. 7A Saxon Court - a two-bedroom duplex apartment currently let for £550 per calendar month held on a rolling AST agreement benefitting from a parking space to the rear. 7A Saxon court is accessed via a rear external staircase leading to a walkway giving access to apartments. The property cmprises fitted kitchen, Bathroom, Living room on the first floor. There are two double bedrooms on the second floor. We advise interested parties to inspect the legal pack for more information regarding the leases. To clarify the sale is of the freehold (WK399969) 1-8 Saxon Court subject to the Leases etc as set out in the Auction Pack Cover Sheet within the legal pack. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

2 Saxon Court -

October 2016 plus 90 years (original 99 years) dated 1984 at peppercorn ground rent.

3 Saxon Court -

June 2017 plus 90 years (original 99 years) dated 1984 at peppercorn ground rent.

4 Saxon Court -

July 2016 plus 90 years (Original 99 years) dated 1984 at peppercorn ground rent.

5 Saxon Court -

Held on 99-year lease dated 1984 (60 years unexpired term). Ground rent £50 per annum.

6 Saxon Court -

May 2015 plus 90 years(original 99 year) dated 1984 at peppercorn ground rent.

7 Saxon Court -

July 2016 plus 90 years (original 99 year) lease dated 1984 at peppercorn ground rent.

8 Saxon Court -

January 2018 plus 90 years (original 99 year) dated 1984 at peppercorn ground rent.

Note:

To clarify the sale is of the freehold (WK399969) 1-8 Saxon Court subject to the Leases etc as set out in the Auction Pack Cover Sheet within the legal pack. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Tenure

Freehold

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