Burslem retail shop sold by UK auction

Burslem retail shop with first-floor storage

An investment company had negotiated a sale and leaseback with the former owners, who were now the tenants.

The property offered an excellent commercial investment having a new three-year commercial lease.The tenant was a well-established pet shop.

referred it to our London department after the property failed to sell in the auction room.

Burslem Property Auction Guide Price

Guided at £33,000 the property sold for £42,000. An excellent result from a London auction on a property that had failed to sell at a regional property auction. A ready-made commercial investment property. A secondary position but a strong yield made it attractive to investors.

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