For Sale By Auction | 12.00, 09 May 2019 | Lot 39

55 Meads Lane, Ilford, Essex, IG3 8QL

*Guide | £225,000+ (plus fees)

  • Mixed Use
  • 2 Bedrooms
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Thu 09/05/2019

Auction Time

12.00

Auction Venue

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

Viewing Times:

Wed 1 May

12:00-12:30

Fri 3 May

12:00-12:30

Tue 7 May

12:00-12:30

A Commercial, Residential & Reversionary Ground Rent Investment Comprising a Ground Floor Shop with Two Self-Contained One Bedrooms Flats (One Sold Off with 66 Years Unexpired). Fully Let Producing £14,525 per annum

The property comprises a mid terrace mixed use building arranged to provide a ground floor shop with two self-contained one bedroom flats over ground and first floors (one is old off).

Tenure

Freehold

Location

The property is situated within an established parade on a predominantly residential road. The open spaces of Seven Kings Park are within easy reach. Transport links are provided by Goodmayes rail station.

Current Rent Reserved

Current Rent Reserved £14,525 per annum

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.