LOT 26B

316 Kilburn Lane, Queen's Park, W9 3EF

FREEHOLD COMMERCIAL INVESTMENT, VACANT FLAT & GROUND RENT
Guide price: Sold*

Auction Date

Tuesday, 13th December 2016 11:00am

Location & Description

A mid terraced property comprising a ground floor shop with separate front access to a rear ground floor flat and two flats above.
Forming part of a local parade near to the junction with Bravington Road within this popular residential area, a short walking distance from Queen's Park station (Bakerloo line and overground).

Accommodation

Ground Floor Shop: 313 sq ft (29 sq m), WC
Let on repairing and insuring lease to G E Niasary (trading as a hairdresser) for 8 years from 08.05.2002 at a current rent of £9,840 p.a. (holding over).
Rear Ground Floor Flat: 1 bedroom, reception room with kitchenette, bathroom/WC, sep. WC, access to garden
First & Second Floor Flats: Sold on a 125 year lease from 29.09.1995 at a fixed ground rent of £200 p.a.

EQUIVALENT TO £10,040 p.a. PLUS VACANT REAR GROUND FLOOR FLAT

EPC Rating

Shop: On Application & Rear Ground Floor Flat: E

Status

Sold

Addendum

We are advised by the seller that they are not aware of any action having been taken against the freeholders in regard to the 1992 Enforcement Notice referred to in the legal pack. There are NEW special conditions with changes to clause 2. Documents with the names of the sellers are needed so completion can take place.

Joint Auctioneer

Harris & Company Tel: 020 8969 1333 Ref: Arjun Popat

* 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. 

VIEWINGS

    Wednesday 30 November at 11:30 am
    Friday 2 December at 11:30 am
    Wednesday 7 December at 11:30 am
    Friday 9 December at 11:30 am