Prominent Leasehold Parade of Shops & Office Investment, North Hertfordshire, SG6

1-5 Leys Avenue, 2-10 Eastcheap, Letchworth Garden City, Hertfordshire, SG6 3EA

A retail unit in Letchworth Garden City (SG6), leasehold. Allsop is selling it at auction on Wednesday 11 November, with a guide of £700,000 - £750,000. The stated rent is £146,400 a year, about 20.9% gross on the guide.

Written by Lotwick from the key facts. For the full particulars, see Allsop's lot page.

From the auctioneer's description:Stated rent £146,400 a year · 20.9% gross on the guide

Guide price

£700,000 - £750,000

18days

13hrs

09mins

54secs

Wed 11 NovAdd to calendar

Bid on the auctioneer's site View the legal pack

Status verified with Allsop 1 hour ago

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Location

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North Hertfordshire, SG6. Indicative location. Sources

Estimated cost to winPrice, fees and Stamp duty (non-residential)£726,500See breakdown

Est. total£726,500

Price£700,000
Buyer's / admin fee£2,000
Stamp duty (non-residential) estimate£24,500
Legal pack and searches£0

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If you win at (£) You are Buyer's fee inc VAT (£) Legal pack (£)

Allsop's usual buyer's fees (Residential: £2,000 inc VAT (£300 under £10,000); commercial £1,500 + VAT). Check the lot's legal pack. Estimate only. How fees work