Lot 54
    Office
    118 Prospect Quay
    98 Point Pleasant, London, SW18 1PR
    Sold for £76,000.
     
    Number 1
    A Ground Floor Office Unit Let on an Annual Licence producing £8,720 net + VAT per annum

    Description

    The property comprises a ground floor B1 unit fronting an inner courtyard adjacent to the Building Managers Office and Recycle Store. There is no provision for car parking within the development.

    Tenure

    Leasehold. The property is held on a 999 lease from 1995 (thus approximately 980 years unexpired).

    Location

    The property is situated in a modern development close to the River Thames and just a short walk from the open spaces of Wandsworth Park. Transport links are provided by both Wandsworth Park and Putney rail stations as well as Putney Bridge underground station (District Line)

    Tenancy

    The property is subject to a Non Assignable Licence for a term of 12 months from 21st September 2012. The Licence fee is £850 per calendar month (inclusive of Service Charge) plus VAT. We understand that the Licensee has not been renewed, however they are still occupying the premises.

    VAT

    VAT is applicable

    Accommodation (2nd Column)

    Ground Floor
    Office Unit measuring 238 sq ft
    WC & wash basin

    Note (2nd Column)

    The Service Charge for 2012/13 was £1,480.
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    Additional Fees and Disclaimer

    Administration charge: £1,500 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.

    Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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