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SUMMARY
AUCTION SALE 14 November 2016 - For more information and legal documents visit our website barnardmarcusauctions.co.uk


DESCRIPTION
location:
The property is located on Winfield Street, close to its junction with Edward Street. Shopping amenities can be found locally on High Street North with a further range of shops, bars and restaurants located in Luton to the east and Leighton Buzzard to the west. Public transport links are available with Leagrave Rail Station and Luton Rail Station to the east together with a network of local bus services serving the surrounding area. The property is served by road links with the A5 which allows access to the M1 Motorway to the south. Recreational pursuits include Dunstable Downs Golf Club and Bennetts Recreation Ground.

accommodation:
First floor: One bedroom, reception room/kitchen, shower room/WC

EPC rating: D

tenancy:
Let on an Assured Shorthold Tenancy holding over on a periodic tenancy at a rent of ?550 pcm.

rent reserved:
?6,600 pa

lease:
Held on a long lease for a term of 125 years from 11th May 2011 at a ground rent of ?150 per annum.

Important Notice:
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller?s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.