A freehold, mixed use building comprising ground floor retail space (former gallery, vacant) with a 2 bedroom, self contained flat above (764 sq ft), let on an AST.

Description/Location

Situated in a prime, High Street position adjacent to the Novello Theatre. The ground floor is presented in good order and is ready for occupation, we estimate the current rental value is circa £15,000+ pa. The flat is let on an AST at £800 pm.

Tenure

Freehold
Energy Ratings: GF - B, FF - E

Viewing

Network Auctions - 020 7871 0420

Accommodation

Ground Floor: Retail space with open plan layout, kitchen area and wc. First Floor: Front door tot eh side of the building with stairs up to entrance hall, sitting room, kitchen, 2 bedrooms, bathroom. Outside: Garden with outbuildings.

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*Guide Price & Reserves

Generally speaking Guide Prices 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. Virtually every 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.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.