Auction House London

Lot 79

Block of Apartments - Flats / Apartments 

853, 853A, 877 & 877A Honeypot Lane

Stanmore, Middlesex, HA7 1AR

Sold for £21,000.

A Ground Rent Investment Secured Upon a Mid Terrace Building Internally Arranged to Provide a Shop and Three Self-Contained Flats Producing £750 per annum.

Description

Tenure

Freehold

Location

The property is situated in the suburban residential area of Stanmore close to local shops and amenities. There are numerous green spaces within easy reach. Transport links are provided by Canons Park and Queensbury underground stations (Jubilee line).

Note (2nd Column)

S5(b) Notices have been served under the Landlord & Tenant Act 1987 and the leaseholders have not reserved their rights.

Upon completion both 877 & 877A Honeypot Lane will have new 999 year leases both paying £250 per annum. Thus a total income of £750 per annum.

Viewing Details

No internal viewings. Please contact Tommy Hughes on 020 3837 9757 or tommy@auctionhouselondon.co.uk to discuss further.

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Rent
877A Honeypot Lane First One Bedroom Flat (Not Inspected) 999 year lease from completion £250 p.a
877 Honeypot Lane Second & Loft Two Bedroom Maisonette (Not Inspected) 999 year lease from completion £250 p.a
853 Honeypot Lane Ground Retail Unit Let to Coral Bookmakers 999 year lease from 10th October 2014 Peppercorn
853A Honeypot Lane Rear Ground Two Bedroom Flat (Not Inspected) 125 year lease from 22nd March 2016 £250 p.a

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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction.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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Enquire about 853, 853A, 877 & 877A Honeypot Lane, Stanmore, Middlesex, HA7 1AR

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