LOT 21

117 Lower Clapton Road, and 2a Clapton Passage, Clapton, E5 0NP

FREEHOLD COMMERCIAL INVESTMENT AND
2 GROUND RENTS
Result: Sold for £367,000 Guide price: £325,000 plus*

Auction Date

Wednesday, 6th February 2019 11:00am

Location & Description

An attractive corner building within a conservation area comprising a ground floor shop trading as a veterinary surgery, a three storey upper part and a two storey mews cottage to the rear. On the corner of Lower Clapton Road (A107) and Clapton Passage and about ½ mile from Hackney Central and Hackney Downs mainline stations.

ACCOMMODATION (Based on VOA website)

117 Lower Clapton Road:
Ground Floor Shop: 636 sq ft (59 sq m)
Basement: 841 sq ft (78.2 sq m)
Subject to a repairing and insuring lease to the Hackney Vet Ltd for 15 years from 06.12.2013 (review implemented 12.2018) at £22,000 p.a.
The provisions of S24-28 of the Landlord & Tenant Act 1954 (security of tenure) are excluded.
117 Lower Clapton Road (Upper Parts):
Sold on a lease for 125 years from 25.03.2008 at £250 p.a.
2a Clapton Passage:
Sold on a lease for 125 years from 24.06.2002 at £100 p.a.

EQUIVALENT TO £22,350 p.a.

EPC Rating

Shop: D

Status

Sold for £367,000

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.