Location
Description (2nd Column)
Viewing Details
Accommodation & Tenancy Schedule
| Property | Floor | Accommodation | Lessee | Lease Terms | Current Annual Rent |
Notes |
|---|---|---|---|---|---|---|
| 335a Tong Street | Ground | Shop | T/a Nail Bar | 5 year FRI lease from 6th March 2015 | £5,000 | |
| 335b & 335c Tong Street | Fist & Second | 2 x 1 Bed Flats | Individual Tenancies | Both on ASTs at £4,200 per annum | £8,400 | Both flats tenanted since Aug 2015 & Dec 2014 respectively |
| 337-359 Tong Street | Ground First & Second |
337 Tong St 343 Tong St 349 Tong St 355 Tong St 8 x 2 Bedroom Flats |
Bargain Booze Retail Shop Retail Shop Chinese Takeaway Individual Tenancies |
5 year FRI lease at £8,000 p.a 5 year FRI lease from 2/9/11 at £5,500 p.a 5 year FRI lease from 10/10/12 at £8,000 p.a 5 year FRI lease from 4/4/12 at £9,500 p.a Each let on ASTs at £4,800 each |
£69,400 | Renewed for another 5 years in 2015. |
| 361 Tong Street | Ground | Shop | Occupied by Owner | |||
| 361a & 361b Tong Street | First & Second | 2 x 1 Bedroom Flats | Vacant | ERV £4,800 p.a each | Both are being refurbished | |
| 363 Tong Street | Ground | Shop | Vacant | |||
| 363a & 363b Tong Street | First & Second | 2 x 1 Bedroom Flats | Individual Tenancies | Both on ASTs at £4,200 per annum | £8,400 | Both flats tenanted since June 2014 & June 2015 respectively |
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.