LOT 15

LEASEHOLD COMMERCIAL INVESTMENT LET AT £17,000 P.A.

Result: Withdrawn Guide price: WITHDRAWN PRIOR*

Auction Date

Thursday, 15th July 2021 12:00pm

A ground floor shop forming part of a local parade, adjacent to Ladbrokes, opposite the junction with Bravington Road and a short walking distance from Queen's Park station (Bakerloo line and Overground). Queen's Park is a popular residential area about 4 miles from the West End.

Tenure

Leasehold for 123 years from 16.05.1986 (about 88 years unexpired) at a peppercorn

Accommodation

691 sq ft (64.2 sq m) including kitchen and toilet

Tenancy Details

Let on a repairing and insuring lease to Talal Aghabra (by way of assignment) for 15 years from 15.12.2013 at £17,000 p.a. Rent review 2018 (outstanding) & 2023. Seller holds 3 month rent deposit.

EQUIVALENT TO £17,000 p.a.

EPC Rating

D

Note

Auction Surveyor: Robert Woolfe
Contact: 020 8509 4408 robert.woolfe@strettons.co.uk

Status

Withdrawn

* 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.