Withdrawn | Lot 59

6 High Street, Walthamstow, London, E17 7LD

Withdrawn

  • Retail Property (high street)
  • Tenure: Long Leasehold. The property is held on a 999 year lease.

Call the team on 020 7625 9007 for more information

Auction Date

Wed 12/02/2020

Auction Time

12.00

Auction Venue

London Marriott Hotel Regents Park, 128 King Henry’s Road, London, NW3 3ST

A Well Located Commercial Investment Producing £27,000 per annum

The property comprises a double fronted lock up shop situated within a terraced building arranged over ground and three upper floors.

Tenure

Long Leasehold. The property is held on a 999 year lease.

Location

The property is situated on a busy parade in Walthamstow amongst the local shops and amenities of High Street. Nearby multiples include Lidl, Superdrug, Greggs and Costa Coffee. Transport links are provided by Walthamstow Central underground station (Victoria Line) and St James Street overground station.

Accommodation

Ground Floor Sales Area 201.75 sq m (2,172 sq ft) Office 9.3 sq m (100 sq ft) Male & Female WCs 4.53 sq m (49 sq ft) Staff Kitchen 2 sq m (22 sq ft) Rear Covered Store Area 18.6 sq m (200 sq ft) Approx GIA: 2,543 sq ft

Tenancy

The property is let on an FRI Lease for a term of 20 years commencing 1st February 2001 at a rent of £27,000 per annum.

Current Rent Reserved

Current Rent Reserved £27,000 per annum

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.