Lot 99
    Mixed Use
    60
    60A & 60B High Street, Aveley, South Ockendon, Essex, RM15 4BX
    £275,000+
    Guide Price (plus fees)
    Number 1
    A Prominent Corner Building Arranged to Provide a Ground Floor Shop, Ground Floor Office, and First and Second Floor Split Level Three Bedroom Flat. Fully Let Producing £22,800 Per Annum. Rent Reviews Outstanding.

    Description

    The property comprises a mixed use corner building arranged to provide a ground floor shop, a ground floor office and a first and second floor three bedroom split level flat.

    Tenure

    Freehold

    Location

    The property is situated on a mixed use road close to local shops and amenities. The open spaces of Aveley Recreation Park are within easy reach. Transport links are provided by Purfleet rail station.

    EPC Ratings

    60: C
    60a: D
    60b: D

    Accommodation & Tenancy Schedule

    Property Floor Accommodation Tenancy Details Current Rent
    60 & 60A Ground, First and Second Ground Floor - Shop Area, Kitchen, WC
    First Floor - Reception Room, Kitchen, Two Bedrooms, Bathroom
    Second Floor - Bedroom
    20 year lease from 1st May 2013. Rent Reviews every 5 years. 2023 Rent Review Outstanding. £15,000 Per Annum
    60B Ground Office Space 12 months from 1st March 2023. Upward only rent review outstanding. £7,800 Per Annum
    Open during normal business hours
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    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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    60, 60A & 60B High Street, Aveley, South Ockendon, Essex, RM15 4BX
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    Open during normal business hours

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