Lot 18
Mixed Use - Commercial Property
2-4 Settles Street
Whitechapel, London, E1 1JP
Unsold, the last bid was £1,520,000. Please refer to Auctioneer for Reserve
A Well Located Commercial & Residential Investment Producing £41,200 per annum
Description
Tenure
Location
Addendum
Accommodation & Tenancy Schedule
Floor | Accommodation | Tenancy | Current Annual Rent |
---|---|---|---|
Lower Ground | Two Office Rooms, WC, Kitchenette, Storage Rooms, Rear Courtyard | Vacant Upon Completion (Currently Occupied by the Vendor) | |
Ground | Lock Up Shop | 5 year FRI Lease from 10th September 2018 | £23,000 |
First | One Bedroom Self-Contained Flat | 12 Month AST from 7th February 2018 at a rent of £350 per week | £18,200 |
Second & Third | Four Bedroom Self-Contained Maisonette | Vacant |
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.
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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction.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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