Auction House London

Lot 43

Mixed Use - Commercial Property 

129 Station Road

Amersham, Buckinghamshire, HP7 0AH

Sold for £610,000.

A Freehold Mixed Use Building Arranged to Provide a Ground Floor Commercial Unit and Four Self-Contained Studio Flats. Fully Let Producing £48,400 Per Annum

Description

The property comprises a mid terrace building arranged to provide a ground floor commercial unit and 4 x self-contained studio flats on first and second floors.

Tenure

Freehold

Location

The property is situated on a mixed use road close to local shops and amenities. The open spaces of Hervine Park are within easy reach. Transport links are provided by Amersham underground station (Metropolitan line) and rail station.

Exterior

The property benefits from off street parking to the rear.

Current Rent Reserved

Current Rent Reserved £48,400 per annum

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Rent
Commercial Premises Ground Shop Area (42 SqM / 455 Sq Ft) Let on a 10 year lease from March 2020 (break clause in March 2025) £12,500 Per Annum
Flat 1 First Studio Flat (16 SqM / 180 Sq Ft) Let on an Assured Shorthold Tenancy for a term of 24 months commencing 24th July 2020 at a rent of £747.93 per calendar month (holding over) £8,975 per annum
Flat 2 First Studio Flat (18 Sqm / 190 Sq Ft) Let on an Assured Shorthold Tenancy for a term of 24 months commencing 24th July 2020 at a rent of £747.93 per calendar month (holding over) £8,975 per annum
Flat 3 Second Studio Flat (17 SqM / 190 Sq Ft) Let on an Assured Shorthold Tenancy for a term of 24 months commencing 24th July 2020 at a rent of £747.93 per calendar month (holding over) £8,975 per annum
Flat 4 Second Studio Flat (18 SqM / 190 Sq Ft) Let on an Assured Shorthold Tenancy for a term of 24 months commencing 24th July 2020 at a rent of £747.93 per calendar month (holding over) £8,975 per annum

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.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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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 129 Station Road, Amersham, Buckinghamshire, HP7 0AH

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