For Sale By Auction | 12:00, 07 June 2016 | Lot 48

307-309 High Road, Ilford, Essex, IG1 1NR

*Guide | £800,000+ (plus fees)

  • Commercial Property
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Tue 07/06/2016

Auction Time

12:00

Auction Venue

The Ballroom, Landmark Hotel, 222 Marylebone Road, Marylebone, London, NW1 6JQ

A Commercial Investment and Residential Redevelopment Opportunity Comprising a Double Ground Floor Restaurant (A3) with Ancillary/Store Accommodation Above. Potential to Redevelop the Upper Parts into Residential Accommodation (subject to obtaining all relevant consents).

The property comprises two adjoining shops trading as a restaurant (A3 use) with first floor ancillary accommodation within a mid terrace building arranged over ground and first floors. There is potential to extend and redevelop the upper parts (subject to obtaining all relevant consents). A scheme of 4 x 2 bedroom flats has been suggested by the vendor. The upper parts have a separate rear access.

Tenure

Freehold

Location

The property occupies a prominent position on a main shopping parade servicing Ilford town centre. Nearby multiples include Lidl, Fitness First and Farm Foods. Transport links are provided by Ilford rail station.

VAT

VAT is not applicable

Viewing Details

The Property is available to be viewed between 15:00 and 18:30 Wednesday to Monday. Please refer to us directly on 0207 625 9007 and we will arrange access.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.