Auction House London

Lot 29

Land - Land 

Land at Apostles Lodge, Rear of 1-11 Mortimer Terrace

Kentish Town, London, NW5 1LH

£100,000+

Guide Price (plus fees)

A Plot of Land Measuring Approximately 32,860 sq ft. Subject to a 5 Year Lease Producing £18,000 per annum.

Description

The property comprises an irregular shaped plot of land measuring approximately 32,860 sq ft.

Tenure

Freehold

Location

The property is situated behind Mansfield Road close to local shops and amenities. The open spaces of Hampstead Heath are within easy reach. Transport links are provided by Tufnell Park underground station (Northern line) and Gospel Oak overground station.

Tenancy

The site is leased to Woodentots Forest School Ltd for a term of 5 years commencing 15th December 2021 at a rent of £18,000 per annum.

Current Rent Reserved

Current Rent Reserved £18,000 per annum

Note

The site area depicted within the plan in the catalogue particulars is for indicative purposes only and is not an exact measurement. Buyers should refer to the legal pack for the accurate site boundary and any other consents or rights over the land. Purchasers are deemed to rely on their own enquiries with regard to any possible development potential or alternative uses for this land plot.

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their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction.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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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 Land at Apostles Lodge, Rear of 1-11 Mortimer Terrace, Kentish Town, London, NW5 1LH

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Tel: 020 7625 9007
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