Auction House London

Lot 28

Mixed Use - Commercial Property 

50-52 High Street and 1 Kings Road East

Swanage, Dorset, BH19 2NX

Withdrawn Prior

Three Adjoining Mixed Use Buildings Comprising Three Commercial Units (All Sold Off) and Four Vacant Self-Contained Flats (2 x 1 Beds, 1 x 2 Bed, 1 x Studio). Two Further Flats have been Sold Off on 999 Year Leases at a Peppercorn Ground Rent.

Description

The property comprises three mid terrace buildings arranged over ground and three upper floors internally laid out to provide 3 retail units (sold off) on a long lease) with 6 self-contained flats to the upper floors. Two of the flats are sold off. The four remaining flats require refurbishment and provide redevelopment potential to improve the layouts (subject to any relevant consent).

Tenure

Freehold

Location

The property occupies a prominent position in the heart of Swanage town centre close to its shops and amenities and just 100m from the coastline

Note

The property has not been inspected. All information supplied by the vendor.

Accomodation Schedule

Property Floor Accommodation
50-52 High St & 1a Kings Road East Ground Three Retail Units (Sold Off)
50A High Street First Sold off on 999 year lease
50B High Street Second Sold off on 999 year lease
Flat 1, 1 Kings Road East First Studio Flat - 30 sq m (323 sq ft)
Flat 2, 1 Kings Road East Second 1 Bed Flat - 61 sq m (657 sq ft)
50C High Street Second 1 Bed Flat - 54 sq m (581 sq ft)
Flat 4, 1 Kings Road East Third 2 Bed Flat - 96 sq m (1,033 sq ft)

Additional Fees and Disclaimer

Administration charge: £1,200 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.

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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction.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