LOT 17

39/39A Burnt Oak Broadway, Edgware, Middlesex, HA8 5JZ

A mid terrace three storey property comprising a ground floor shop with separate rear access via a vehicular service road to a self-contained flat on two upper floors and a detached garage. On the west side of the busy A5 Burnt Oak Broadway, near to the junction with Stag Lane and forming part of an established local parade within ½ mile of Burnt Oak underground station (Northern line). Nearby multiple retailers include Peacocks and Ladbrokes.

Guide price: £380,000 - £400,000*

Auction Date

Monday, 25th March 2019 11:00am

Ground Floor Shop: 980 sq ft (91 sq m) plus lean-to store and WC
First & Second Floor Maisonette (39A):
3 rooms, kitchen, bathroom, sep.WC
Rear Garage: 275 sq ft (25.5 sq m)
The entire property is let on a repairing and insuring lease to Ibrahim Admani for 15 years from 25.03.2006 at £25,000 p.a.

BY ORDER OF TRUSTEES

Accommodation

Note

1. The lessee advises that they have traded from the shop since 1988.
2. We understand from the lessee that the flat is sub-let at £1,150 pcm and the garage is sub-let to a mechanic for £50 per week.

EQUIVALENT TO £25,000 p.a.

EPC Rating

On application

Status

Sold for £481,000

* 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.