Auction House London

Lot 26A

Mixed Use - Commercial Property 

3A Devonshire Road

Chiswick, London, W4 2EU

Withdrawn

A Well Located Freehold Commercial and Residential Investment Producing £75,000 per annum.

Description

Location

The property is situated in the heart of Chiswick amongst the local shops and amenities of Chiswick High Road. The open spaces of Chiswick Common are within easy reach. Transport links are provided by Chiswick Park, Turnham Green rail stations and Stamford Brook underground station (District line).

Description (2nd Column)

The property comprises a mid terrace building internally arranged to provide a lower ground and ground floor commercial unit with two self-contained flats to the upper parts arranged over lower ground, ground and two upper floors. One of the flats is sold off on a long lease.

Viewing Details

Open House Viewings:
Monday 26th November 14:00 - 14:30
Friday 30th November 14:00 - 14:30
Wednesday 5th December 14:00 - 14:30
Friday 7th December 14:00 - 14:30
Monday 10th December 14:00 - 14:30

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Annual Rent
Shop (t/a Clean Box Dry Cleaners) Lower Ground
Ground
Two Rooms

Front Shop Unit, Rear Shop Unit, Separate WC & wash basin
Let on a 16 year FRI Lease from 22nd June 2016 at a rent of £14,375 quarterly £57,500
Flat 1 First Reception Room, Kitchen, Bedroom, Bathroom with WC & wash basin Let on a 12 month AST producing £1,458.33 pcm (Holding Over) £17,500
Flat 2 Second Not Inspected by Auction House London Sold off on a 999 year lease from 1st January 2017 -

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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