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.
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.
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Administration Charge - Purchasers will be required to pay an administration fee of £1,200 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.