For Sale By Auction | 9:45, 25 May 2022 | Lot 46

1-3 London Road, Morden, Surrey, SM4 5HX

Sold £450,000

  • Commercial Property
  • Tenure: Leasehold. The property is held on a 99 year lease from June 1933 (thus approximately 10 years unexpired).

Call the team on 020 7625 9007 for more information

Auction Date

Wed 25/05/2022

Auction Time

9:45

Auction Venue

Live Stream

Viewing Times:

Tue 17 May

10:30-11:30

Thu 19 May

10:30-11:30

A Commercial Investment Fully Let Producing £80,000 Per Annum

The property comprises a double fronted corner building arranged over ground, first and second.

Tenure

Leasehold. The property is held on a 99 year lease from June 1933 (thus approximately 10 years unexpired).

By Order of the LPA Receivers

Location

The property is situated on a busy mixed-use road close to local shops and amenities. The open spaces of Morden Hall Park are within easy reach. Transport links are provided by Morden underground station (Northern Line) which is just a short walk away.

The property has not been inspected by Auction House London. Buyers should rely on their own enquiries.

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.