Please refer to Auctioneer.
A freehold site of 2555 sq ft with speculative development potential, vacant.
Description/Location
Situated between Spencer Road and Lascotts Road to the west of the High Road with vehicle access adjacent to 1a Spencer Road. The site was originally occupied by a block of 4 lock up garages and a forecourt, the garages have been removed. The land has potential for immediate use as a car park or storage area and the garages could be re-instated subject to planning consent. The sale will include copy architect drawings and proposals for the erection a 3 storey cantilevered building comprising 2 x 2 bedroom and 1 x 3 bedroom 3 self contained flats, planning would be required to implement the scheme. The land is subject to rights of way to the rear of properties from 1A to 15 Spencer Avenue. We refer potential bidders to the legal pack for clarification of the rights of way and to the special conditions for details of contributions towards the sellers costs associated with the sale.
Tenure
Freehold
Joint Agent
Local Authority
Viewing
Please contact Elliott Network Auctions on 020 7871 0420
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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.
Property Information
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