Auction House London

Lot 28

Garage - Commercial Property 

Garages to the Rear of 740-742 Fulham Road

Parsons Green, London, SW6 5SF

Sold for £700,000.

A Freehold Terrace of Six Garages. Three are Let Producing £2,760 per annum. Three are Vacant. Suitable for Redevelopment (subject to obtaining all necessary consents)

Description

Tenure

Freehold

Location

The property is situated behind 740-742 Fulham Road in the sough after South West London area of Parsons Green. Transport links are provided by Parsons Green underground station (District line).

Note (2nd Column)

We understand the vendor has conducted a feasibility scheme to redevelop the site with a likely workable scheme of 2 x 2 bed townhouses. Prospective purchasers are advised to make their own enquiries with London Borough of Hammersmith & Fulham council.

Column 1 Column 2 Column 3
Property Tenancy Current Annual Rent
Garage 1 Let at a rent of £65 pcm £780
Garage 2 Vacant
Garage 3 Let at a rent of £80 pcm £960
Garage 4 Let at a rent of £85 £1,020
Garage 5 Vacant
Garage 6 Vacant

Additional Fees

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.

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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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