Description
Tenure
Location
Accommodation
Basement -G.I.A Approximately 174 sq m (1,877 sq ft)
Ground Floor
Retail Unit -G.I.A Approximately 301 sq m (3,244 sq ft)
First Floor
Office Space -G.I.A Approximately 167 sq m (1,801 sq ft)
Second Floor
Office Space -G.I.A Approximately 185 sq m (1,992 sq ft)
VAT is Applicable
Tenancy
The uppers are let on an FRI lease to Barclays Bank PLC until 26 April 2027 at a rent of £25,000 per annum. The tenant has been in occupation for over 30 years and have recently renewed their lease.
We understand from the vendor that Barclays Bank PLC are investing over £70,000 into the roof of the building. A copy of the license of alterations will be available within the pack. We also understand from the vendor that tenant have verbally advised that they intend to renew the lease upon expiry matching up the dates with the next door property that they also rent so they can renew on the same date. Buyers should rely on their own enquiries.
EPC Rating
Additional Fees and Disclaimer
Administration charge: £1,800 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.
Guide Prices 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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction.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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