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0 bed property

Sold subject to contract (SSTC)

For Sale

Listed May 24, 2024

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£140,000

Sold subject to contract (SSTC)

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020 7625 9007

By Auction House London

Description

" Sold for £312,000. Guide Price = £140,000+ **For Sale By Public Auction 21st May 2024 09:30 AM To inspect the legal documents for this property go to our website www.auctionhouselondon.co.uk to download the legal pack** A Mid Terrace Building Arranged to Provide Two Ground Floor Shops with First Floor Ancillary Space Fully Let Producing £22,000 Per Annum Tenure Freehold Location The property is situated on a commercial parade, close to local shops and amenities. The open spaces of Jubilee Park are within easy reach. Transport links are provided by the A3 to the east. Description The property comprises a mid terrace building arranged to provide two ground floor shops and first floor ancillary space. There may be potential to convert the first floor to residential. Accommodation Ground Floor Front Shop Area Ground Floor Rear Shop Area First Floor Ancillary Space Tenancy 35 London Road is subject to a lease for a term of 15 years commencing 12th July 2012 at a rent of £15,000 per annum. 35A London Road is subject to a lease for a term of 3 years commencing 17th May 2023 at a rent of £7,000 per annum. Note Approximate GIA: 1,750 Sq Ft (162 Sq M) Open for Viewings During Normal Business Hours "