For Sale By Auction | 12 noon, 27 February 2014 | Lot 54

118 Prospect Quay 98 Point Pleasant, Wandsworth, London, SW18 1PR

Sold £76,000

  • Office
  • Tenure: Leasehold. The property is held on a 999 lease from 1995 (thus approximately 980 years unexpired).

Call the team on 020 7625 9007 for more information

Auction Date

Thu 27/02/2014

Auction Time

12 noon

Auction Venue

Everyman Cinema, Belsize Park, 203 Haverstock Hill, London NW3 4QG (opp. Belsize Park underground station)

A Ground Floor Office Unit Let on an Annual Licence producing £8,720 net + VAT per annum

The property comprises a ground floor B1 unit fronting an inner courtyard adjacent to the Building Managers Office and Recycle Store. There is no provision for car parking within the development.

Tenure

Leasehold. The property is held on a 999 lease from 1995 (thus approximately 980 years unexpired).

Location

The property is situated in a modern development close to the River Thames and just a short walk from the open spaces of Wandsworth Park. Transport links are provided by both Wandsworth Park and Putney rail stations as well as Putney Bridge underground station (District Line)

Ground Floor

Office Unit measuring 238 sq ft WC & wash basin

Tenancy Details

The property is subject to a Non Assignable Licence for a term of 12 months from 21st September 2012. The Licence fee is £850 per calendar month (inclusive of Service Charge) plus VAT. We understand that the Licensee has not been renewed, however they are still occupying the premises.

Note

The Service Charge for 2012/13 was £1,480.

VAT is applicable

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.

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Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.