Auction House London

Lot 30

 

1 & 1A Penfold Place

Marylebone, London, NW1 6RJ

£1,500,000+

Guide Price

A Freehold Commercial & Residential Part Let Investment Currently Producing £40,300 per annum. Suitable for Redevelopment (Subject to obtaining all necessary consents).

Description

Tenure

Freehold

Location

The property is situated in the sought after area of Marylebone close to local shops and amenities of the Edgware Road. The open spaces of Paddington Green are within easy reach. Transport links are provided by Edgware Road (Bakerloo Line) underground station.






Description (2nd Column)

The property comprises a ground floor double fronted commercial unit with two first floor flats above within a semi detached building arranged over ground and first floors.

Viewing Details

Sold Prior

Addendum

Sold Prior

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Annual Rent
Commercial Ground Shop & Workshop Area Vacant N/A
Flat A First Reception Room, Three Bedrooms, Kitchen, Bathroom with WC & wash basin Let on a 12 month AST from 27.05.14 at a rent of £2,060 pcm £24,720
Flat b First Reception Room, Bedroom, Kitchen, Bathroom with WC & wash basin Let on a 12 month AST from 19.09.13 at a rent of £1,300 pcm (Holding Over) £15,600

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

View Details as PDFEnquire NowRegister to Bid
For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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Enquire about 1 & 1A Penfold Place, Marylebone, London, NW1 6RJ

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