LOT 24

11-13, 15 & 15A London Road, Berkhamsted, Hertfordshire, HP4 2NB

FREEHOLD VACANT FORMER RESTAURANT & FLAT FOR REPAIR & TWO TENANTED COTTAGES ALL WITH DEVELOPMENT POTENTIAL

Result: Available for £1,300,000 Guide price: £1,200,000 - £1,300,000*

Auction Date

Thursday, 20th February 2020 12:00pm

Berkhamsted is an historic market town about 25 miles north west of London, reached via the A41 from junction 20 of the M25. The property is in a conservation area on the north side of London Road and comprises a corner former Indian restaurant with a self-contained flat, and two adjoining cottages with parking. The High Street with its numerous national multiples, restaurants and banks is a short drive away.

Accommodation

11-13: Self-contained flat 3 rooms, former kitchen, former shower/toilet
Restaurant: 1,375 sq ft (127.87 sq m) including kitchen & utility area, toilets. Parking at side and rear yard
ALL VACANT FOR REPAIR

15: Cottage Let on an AST at £1,000 pcm
First Floor: 2 bedrooms, bathroom/toilet
Ground Floor: 1 room, kitchen, central heating, double glazing

15a Cottage: Let on a verbal tenancy at £900 pcm
First Floor: 1 bedroom, bathroom/toilet
Ground Floor: Kitchen/diner, double glazing
Parking at rear in gated yard for both cottages

EQUIVALENT TO £22,800 p.a. PLUS VACANT RESTAURANT & FLAT ALL WITH DEVELOPMENT POTENTIAL (SUBJECT TO OBTAINING ALL NECESSARY CONSENTS)

EPC Rating

11-13: D
15: C
15a: E

Note

Seller is prepared to give a 6 week completion

Property Features

  • EPC: 11-13: D, 15: C, 15a: E
  • Development Potential
  • 2 Let Cottages
  • Vacant Restaurant & Flat
  • Freehold

Status

Available for £1,300,000

* 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.