Auction House London

Lot A

Commercial Property - Commercial Property 

356 Queensbridge Road

Hackney, London, E8 3AR

Sold Prior for £875,000.

A Freehold Commercial & Residential Investment

TO BE OFFERED ON 13TH JULY 2015 Auction Venue: Salt House, 63 Abbey Rd, London NW8 0AE at Midday

Description

Tenure

Freehold

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.

Description (2nd Column)

The property comprises a mixed use building configured to provide a ground floor retail unit with 2 x two bedroom flats to the upper floors.

Viewing Details

Sold for £875,000

Addendum

Sold for £875,000

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Rent
Shop Ground Shop Area 43 sq m A new 12 year lease has been agreed at £14,000 p.a. but has not yet been signed. Will be £14,000 p.a.
Flat First Reception Room, Two Bedrooms, Kitchen, Bathroom 12 month AST from 21st March 2015 at a rent of £1,516.67 pcm £18,200 p.a.
Maisonette Second & Third Reception Room, Two Bedrooms, Kitchen, Bathroom 12 month AST from 10th January 2015 at a rent of £1,500 pcm £18,000 p.a.

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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction.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

Lot B

350-352 Queensbridge Road Hackney, London, E8 3AR

*Sold Prior for £1,582,000.

Lot D

346a Queensbridge Road Hackney, London, E8 3AR

*Sold Prior for £410,000.

Lot C

346 Queensbridge Road Hackney, London, E8 3AR

*Sold Prior for £224,000.

Enquire about 356 Queensbridge Road, Hackney, London, E8 3AR

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