Sold for £176,000.

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A vacant ground floor retail unit with consent to convert into 2 x 1 bedroom flats

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Description/Location

Change of use under 'Permitted Development' was granted by Watford Borough Council on 12 December 2014 (Planning Ref 14/01532/IAAPD) to convert the existing ground floor retail unit to 2 x 1 bedroom flats.

Tenure

Leashold - New 999 year lease

Local Authority

Watford Borough Council

Viewing

Please contact Elliott Network Auctions on 01923 240420

Accommodation

Existing Ground floor retail unit Proposed 2 X 1 bedroom flats comprising entrance hall, lounge with kitchen area, double bedroom, bathroom.

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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.