Auction House London

Lot 37

 

7 High Street

Acton, London, W3 6NG

Sold Prior to auction, for an undisclosed amount.

A Commercial and Residential Investment Producing £54,571.52 per annum

Description

Tenure

Freehold

Location

The property is situated on an established High Street in the West London area of Acton. The open spaces of Acton Park are within walking distance. Transport links are provided by Acton Central rail station.

Exterior

The property benefits from a rear courtyard garden demised to the ground floor flat.

Description (2nd Column)

The property comprises a ground floor lock up shop along with four self contained flats situated within a mid terrace building arranged over ground and two upper floors.

Addendum

Sold Prior

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Annual Rent
Shop Ground Shop Floor, Separate WC with wash basin Let to Ardeshir Doralibany T/A Ashi's Barber Shop for a term of 25 years commencing 25th October 2013 producing £2,750 per quarter. £11,000
Flat A Ground Studio Flat 6 month AST from 14th June 2012 (holding over) at a rent of £953.33 pcm £11,439.96
Flat B First One Bedroom Flat 6 month AST from 20th November 2012 (holding over) at a rent of £953.33 pcm £11,439.96
Flat C Second One Bedroom Flat One year AST from 7th March 2014 at a rent of £974.30 pcm £11,691.60
Flat D Half Landing Studio Flat 6 month AST from 17th October 2012 at a rent of £750 pcm £9,000

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.

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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction.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