Auction House London

Lot 5

 

270-274 Old Brompton Road

Earls Court, London, SW5 9HR

Sold for £980,000.

Two Double Fronted Commercial Units Offered with Vacant Possession.

Description

Tenure

Leasehold. There are approximately 999 years unexpired on the lease subject to a peppercorn rent.

Location

The property is situated in the South West London area of Earls Court. Numerous multiples occupy space within the immediate area including Starbucks, Londis and established local traders. Transport links are provided by Earls Court underground station (Circle, District, Piccadilly, Hammersmith & City lines).

Description (2nd Column)

The property comprises two commercial units situated within a mid terrace mixed use building arranged over ground and five upper floors.

Note (2nd Column)

We understand that the estimated rental value for the two units equates to £52,560 and £30,600 respectively per annum. All information has been supplied by the vendor.

The business (including the benefit of premises licence, lottery, pay point, TFL passes etc plus the fixtures and fittings can be made available at a reasonable consideration if required plus Stock at Valuation).

Viewing Details

Tuesday 7th July 17:00-17:30
Thursday 9th July 17:00-17:30
Tuesday 14th July 17:00-17:30
Thursday 16th July 17:00-17:30
Tuesday 21st July 17:00-17:30

Accomodation Schedule

Property Floor Accommodation
270 Old Brompton Road Ground Double Fronted Commercial Unit Measuring Approximately 1,283 SqFt (119 SqM)
274 Old Brompton Road Ground Double Fronted Commercial Unit Measuring Approximately 360 SqFt (33.4 SqM)

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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction.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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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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