Lot B
    Commercial Property
    350-352 Queensbridge Road
    Hackney, London, E8 3AR
    Sold Prior for £1,582,000.
     
    Number 1
    A Substantial Double Fronted Part-Let Mid Terrace Commercial & Residential Investment
    TO BE OFFERED ON 13TH JULY 2015 Auction Venue: Salt House, 63 Abbey Rd, London NW8 0AE at Midday

    Location

    The property is situated within an established parade in the popular East London area of Hackney. Numerous multiples are in occupation within close proximity as well as the Kingsland Shopping Centre. Transport links are provided by Dalston Junction overground
    station.

    Tenure (2nd Column)

    Freehold

    Description (2nd Column)

    The property comprises a mixed use building configured to provide a double fronted ground floor retail unit with 3 x two bedroom and 1 x three bedroom flats to the upper floors.

    Viewing Details

    Sold for £1,582,500

    Addendum

    Sold for £1,582,500

    Accommodation & Tenancy Schedule

    Property Floor Accommodation Tenancy Details Current Rent
    Shop Ground Shop Area 144 sq m Tenant is former owner. Terms are out for a new 15 year lease at £40,000 p.a. but solicitors are yet to be instructed. Will be £40,000 p.a.
    Flat 1 First Reception Room, Two Bedrooms, Kitchen, Bathroom Vacant
    Flat 2 First Reception Room, Two Bedrooms, Kitchen, Bathroom 12 month AST from 14th April 2014 (holding over) a rent of £1,470 pcm £17,640 p.a.
    Flat 3 Second & Third Reception Room, Two Bedrooms, Kitchen, Bathroom 6 month AST from 1st May 2015 a rent of £1,650 pcm £19,800 p.a.
    Flat 4 Second & Third Reception Room, Two Bedrooms, Kitchen, Bathroom 12 month AST from 19th January 2015 £24,440 p.a.
    For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on
    Share this lot

    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.

    Contact Our Property Experts