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Sold Prior | Lot 53

1 Hereford Road, Bayswater, London, W2 4AB

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Sold Prior

  • Commercial Property
  • Tenure: Long Leasehold. The property is held on a 999 year lease.

Call the team on 020 7625 9007 for more information

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Auction Date

Tue 31/10/2017

Auction Time

12:00

Auction Venue

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

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A Well Located Vacant Ground Floor Lock-Up Shop

The property comprises a ground floor lock-up shop situated within a terraced building arranged over ground and three upper floors. The property benefits from A1 & A2 use.

Tenure

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

Location

The property occupies a prominent position within an established parade of local traders on a sought after road in the West London area of Bayswater. The open spaces of Leinster Square are within easy reach. Transport links are provided by Bayswater and Queensway Underground Stations.

Accommodation

Ground Floor Shop Area Kitchenette Separate WC GIA 425 sq ft

We understand from the vendor that the ERV is £27,500 per annum

Viewing Details

Open House Viewings: Monday 16th October 15:00 - 15:30 Wednesday 18th October 15:00 - 15:30 Monday 23rd October 15:00 - 15:30 Wednesday 25th October 15:00 - 15:30 Monday 30th October 15:00 - 15:30

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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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information

Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.