Office Space (10.72 sqm) – Gross Income of £7,666.96pa

Auction House North West have not inspected the property but have been advised, this is an office room located on the first floor within Regent 88. Located approx. 1 mile from Lea Bridge train station approx. 1.3 miles from Leyton Tube Station along with local bus routes. The A406 is also located approx. 2.5 miles giving access around outer London. We have been provided with a tenancy agreement (included within the legal pack) dated from 1st March 2018 on a 10 year lease until 2028 paying £7,666.96pa. As per Companies House, the company (tenant) was dissolved in 2021 and therefore, we cannot confirm that this tenant is still currently residing in the office space. Please refer to the legal pack for all information relating to the tenancy, service charges and ground rent. Please be aware there are no viewings available. Tenure: Leasehold Length of Lease: 999 years beginning on and including 1 January 2018 Service Charge: Please refer to legal pack Ground Rent: Please refer to legal pack Title number: EG216763 (AGL455439) Council Tax Band: N/A Local Authority: Waltham Forest Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip

Tenure

Leasehold.

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Local Authority

Waltham Forest London Borough

Additional Fees

Administration Charge - 1.98% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.