Five Advertising Hoardings in a Prominent Roadside Position
The property comprises five advertising hoardings forming part of a site with road frontage of approximately 130 ft and a total site area of approximately 950 sq ft.
Tenure
Freehold
Location
The site can be found close to the junction of Mitcham Lane and Riggindale Road in a well established residential catchment area close to Streatham High Road and Streatham Rail Station.
The auctioneers have been advised by the vendor that similar advertising hoardings are achieving in the region of £4000 P.A. per hoarding, giving an ERV of £20,000 p.a. Purchasers are advised to make their own enquiries in this regard.
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.