Auction Thursday, 28th February 2019 commencing at 12pm - T: 020 8492 9449 - Barnett Ross
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Auction
Thursday, 28th February 2019
commencing at 12pm
Venue: Auctioneers:
The Radisson Blu Portman Hotel John Barnett FRICS
22 Portman Square Jonathan Ross MRICS
London W1H 7BG
T: 020 8492 9449
Current Auction: Thursday 28th February 2019 Forthcoming Auctions: Thursday, 16th May 2019 Wednesday, 17th July 2019 Tuesday, 29th October 2019 Tuesday, 17th December 2019
Barnett Ross Catalogue February 2019
Thursday, 28th February 2019
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The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
commencing at 12pm
Contents
Notice to all Bidders 2
Important information 3
Meet the Team 4
Order of Sale 6
Lots 1–44 16–67
EPC Appendix 68
General Conditions of Sale 70–71
Barnett Ross Results 72
Memorandum 73
1
Notice to all Bidders
1. Please note the General Conditions of Sale which are The ‘Guide’ can be published as follows:
included with this catalogue and the Special Conditions
a. ‘Reserve below’ which means the ‘Reserve’ will be below the
of Sale which are available on request. An Addendum will
shown amount.
be made available on the Auction Day and the bidder should
check whether the lot which he/she is interested in bidding for b. A single price figure where the ‘Reserve’ is not to exceed it.
is included.
c. A single price figure with a + symbol where the ‘Reserve’ is
2. Prospective purchasers are assumed to have inspected the not to exceed that figure by more than 10%.
properties in which they are interested and to have made all
d. A minimum and maximum price range where the ‘Reserve’
usual pre-contract searches and enquiries.
is to be within that range.
3. The successful Bidder is Bound under Contract as soon as
The Seller’s expectation as to the sale price may change
the Auctioneer’s gavel falls on his/her final bid. Immediately
during the marketing period as a result of interest received
thereafter the successful Bidder will be handed a Form to fill
from prospective Buyers. Therefore, the Seller may increase
out supplying details of his/her name and address together
or decrease the ‘Reserve’ at any time up to just before
with (if different) the name and address of the purchaser and
bidding commences. If the ‘Reserve’ becomes fixed at a
those of his/her solicitors. He/she must also supply a cheque
level that makes the ‘Guide’ misleading, the Auctioneers will
for the deposit, which we will hold at our office. The bidder
subsequently issue a revised ‘Guide’ as soon as is practicable.
will be given our bank account details and must arrange
Accordingly, prospective bidders should monitor the ‘Guide’
to transfer the deposit monies to our client bank account
with the Auctioneers prior to the Auction taking place via our
the following day by way of a ‘same day CHAPS payment.’
website at barnettross.co.uk
Once these funds are received we will shred your cheque.
10. In addition to the purchase price the Buyer or Bidder will be
4. The information from the Form will be used to complete a
liable to pay Barnett Ross Ltd a non-refundable administration
memorandum of contract similar to the one at the back of
fee as specified on the Particulars of Sale and there may also
this catalogue which the purchaser must sign and hand to
be additional non-optional fixed or variable fees and costs. To
the Auctioneer’s staff prior to leaving the room.
establish the full cost of purchasing a property please inspect
5. If the Purchaser’s memorandum of contract is not signed, the the special conditions of sale and all other documentation
Auctioneer, or any person authorised by them, will sign the in the legal pack. Please also refer to the addendum at
memorandum of contract on behalf of the Bidder/Purchaser. barnettross.co.uk for updates.
6. The Auctioneers endeavour to have copies of title documents, 11. If a Bidder cannot attend the Auction and wishes to make
leases, licences etc. and a local search available for inspection a telephone or proxy bid, then arrangements should be
at their offices and in the auction room. It is recommended that made on a form available from the Auctioneers prior to
anyone wishing to inspect such documents should telephone the sale.
first to ensure that the required documents are available.
12. The purchaser is usually responsible for insurance on the
7. If any Bidders are intending to come to the Auction property as and from exchange of contracts. We are usually
for a specific lot they are advised to checkwith the aware of the existing cover and can often arrange cover
Auctioneers on the morning of the sale to ensure that the immediately on the day at attractive rates.
particular lot will be offered at the Auction as a lot can be
13. Energy Performance Certificates (EPCs) – The Asset
sold or withdrawn at any time prior to being offered.
Rating for the EPCs that were available for lots at the time the
8. Some plans or extracts from plans in this catalogue are based catalogue was printed are displayed in the ‘EPC Appendix’ at
upon the Ordnance Survey Map with the sanction of the the rear of the catalogue. EPCs for all lots can be viewed by
Controller of H.M. Stationery Office Crown Copyright reserved. accessing the ‘Request Legal Pack & EPC’ facility displayed on
each lot page on our On-line Catalogue.
9. Reserve
The ‘Reserve’ is the minimum figure for which a property 14. Any personal information provided to us in respect of an
can be sold as agreed between the Seller and the Auctioneer. offer or purchase may be passed to our client and/or their
The ‘Reserve’ is not disclosed and remains confidential representative. More information on how we hold and process
between the Seller and the Auctioneer. your data is available on our website at barnettross.co.uk
15. In respect of Lot 8 there is a disclosure under the Estate
Guide Agents Act 1979 contained in the Special Conditions of Sale.
Where a ‘Guide’ is stated, it is an indication of the Seller’s
current minimum acceptable price (‘Reserve’) at auction.
A ‘Guide’ is published to assist prospective buyers in deciding
whether or not to pursue a purchase. A ‘Guide’ does not
represent an anticipated sale price or a valuation and the
eventual sale price may be higher or lower. The sale price
is determined at auction and as such cannot be predicted
in advance.
2
Barnett Ross Catalogue February 2019
Telephone bids
If you wish to bid by telephone or instruct
us to bid on your behalf, please download
a Telephone Bidding Form from our
website at barnettross.co.uk and return
it to us, with your deposit cheque and ID,
A very warm
two days before the Auction.
If you cannot download the Form or need
welcome to our
assistance completing it, telephone the
Auction Team on 020 8492 9449.
February 2019
Auction.
To be added to We are delighted to offer for sale 44 lots on
our mailing list instructions from a range of our valued clients.
please send your
This catalogue features a wide variety of
email request to investments including retail, commercial and
info@barnettross.co.uk residential opportunities.
We look forward to seeing you on
Thursday, 28th February at the
Radisson Blu Portman Hotel.
Follow the auction
live online at
barnettross.co.uk Proof of Identity
Unfortunately it is not possible
to bid from the screen. The Purchaser (and the Bidder if different to the Purchaser) is to provide one
original document from each column below.
Proof of name Proof of address
–– Passport –– Driving Licence (only supply if
–– Photocard Driving Licence Passport is provided for ‘Proof
of name’)
–– A utility bill issued within the last
three months (excluding mobile
phone bill)
Further checks in accordance with current Anti-Money Laundering
Regulations may be required if the Purchaser is not an individual such as a
company, partnership or trustee.
Contact Barnett Ross on 020 8492 9449 for further details.
3
Barnett Ross Catalogue February 2019
Since our first auction in 2002 we have sold over
£1.7 billion of property which includes the sale of a
block of 65 flats at Okehampton Close, Finchley, London
N12 9TX for £20,425,000 in May 2018 – the highest value
lot ever sold by auction in the U.K.
Meet the team.
John Barnett FRICS Jonathan Ross MRICS Steven Grossman MRICS
Auctioneer and Director Auctioneer and Director Director
jbarnett@barnettross.co.uk jross@barnettross.co.uk sgrossman@barnettross.co.uk
Elliott Greene BA (Hons) Joshua Platt BSc (Hons) Zac Morrow
egreene@barnettross.co.uk jplatt@barnettross.co.uk zmorrow@barnettross.co.uk
Samantha Ross Carol Fass
info@barnettross.co.uk info@barnettross.co.uk
Barnett Ross T: 020 8492 9449 Follow us on Twitter @barnettross
7 Cadbury Close F: 020 8492 7373
High Road E: info@barnettross.co.uk Follow us on Instagram @barnettrossauctioneers
Whetstone W: barnettross.co.uk
London N20 9BD
4
Always happy to
let the numbers
do the talking.
91 %
100 %
£20.425m
Annual success 100% auction Record breaking price
rate in 2018 in May 2018 achieved by us for a
single lot in 2018
If you would like to enter your lots in our next
auction please contact:
John Barnett frics jbarnett@barnettross.co.uk
Jonathan Ross mrics jross@barnettross.co.uk
Steven Grossman mrics sgrossman@barnettross.co.uk
Elliott Greene egreene@bartnettross.co.uk
Joshua Platt jplatt@barnettross.co.uk
Order of Sale Thursday, 28th February 2019
Commencing 12.00pm
Lot
A 156 Fonthill Road Finsbury Park London N4
1 6 Nursery Parade, Marsh Road Luton Bedfordshire
2 277 Wood Lane Dagenham Essex
3 49 & 51a Market Street Loughborough Leicestershire
4 118 Upper Clapton Road Clapton London E5
5 455 Streatham High Road Streatham London SW16
6 47, 49 & 49a Copperfield Road, Bassett Southampton Hampshire
7 58 Hoylake Road, Bidston Birkenhead Merseyside
8 1 Victoria Place Axminster Devon
9 279 Wood Lane Dagenham Essex
10 Unit 1 The Precinct, Main Street, Stretton Burton-on-Trent Staffordshire
4 Parking Spaces at Byron Court, Flamstead End Road,
11 Cheshunt Hertfordshire
Flamstead End
12 41 Lower High Street Wednesbury West Midlands
13 130 Brighton Road Coulsdon Surrey
14 34 Hamilton Road Felixstowe Suffolk
15 11 Hammerton Street Burnley Lancashire
16 69 Anerley Road Crystal Palace London SE19
17 86-90 Dalton Road Barrow-in-Furness Cumbria
18 Flat 137, Bray Road Mill Hill East London NW7
19 185 Town Road Edmonton London N9
20 1–2 St Peter’s Street Hereford Herefordshire
21 105 Hillingdon Hill Uxbridge Middlesex
6
Barnett Ross Catalogue February 2019
Lot
22 337 Hendon Way Hendon London NW4
23 29 Kingston Road Wimbledon London SW19
24 2 Elm Park Stanmore Middlesex
25 70-72 Chatsworth Road Hackney London E5
26 24 Silver Street Durham Co. Durham
27 128 Holton Road Barry South Glamorgan
28 77/77a St Nicholas Avenue Gosport Hampshire
29 169 Powis Street Woolwich London SE18
30 19 Market Place Huddersfield West Yorkshire
31 27 Corporation Road Middlesbrough Cleveland
32 44 High Street, Brownhills Walsall West Midlands
33 Unit 10 Newbottle Street Houghton-le-Spring Co. Durham
34 36 Ormskirk Street St Helens Lancashire
35 34 Market Place Wisbech Cambridgeshire
36 Basement Flat A, 70-72 Chatsworth Road Hackney London E5
37 48 Boxmoor Road Kenton Middlesex
38 50 Boxmoor Road Kenton Middlesex
39 Land at rear of 48 & 50 Boxmoor Road Kenton Middlesex
40 Tally Ho Apartments, 12 Highgate Road Kentish Town London NW5
41 17 – 19 Jaunty Way Sheffield South Yorkshire
42 21 – 25 Jaunty Way Sheffield South Yorkshire
43 27 – 35 Jaunty Way Sheffield South Yorkshire
44 Flat 5, The Prospect Precinct, Gloucester Road Worksop Nottinghamshire
7
Copy Legal Documentation
To obtain an immediate download:
If you wish to obtain the Special Conditions and/or the Legal Barnett Ross endeavour to dispatch all documents which are
Documents in respect of any lot please go to www.barnettross. received by us from the Vendors’ Solicitors subsequent to your
co.uk, then on our Home Page click on ‘Next Auction’, then click initial request. Prospective purchasers are advised to check
on the relevant lot number and finally click on ‘Request Legal whether any such outstanding documents have been received.
Pack & EPC’. Where available, a Document Pack for each lot can be inspected
at the Auction Sale.
The Special Conditions of Sale and/or the Legal Documents,
when available, are free to download. For further legal enquiries, please contact the relevant Vendor’s
Solicitor whose details are printed on each lot page.
Please refer to the Notice to all Bidders, inside this catalogue, and
also the General Conditions of Sale referred to at the end of the
catalogue in relation to all legal matters.
To obtain a paper copy by post:
If you would like to order a hard copy of the legal documents
please complete and return the following form to:
Legal Department, The Ark Design & Print Ltd,
Pudsey Business Park, 47 Kent Road, Leeds LS28 9BB
or call 0113 256 8712.
Note: There is a charge of £35 including VAT per lot for the hard
copy version of the legal documentation.
Please complete the form below using BLOCK CAPITALS: *Delete as appropriate
In respect of lot(s)
Please despatch to: Title (Mr, Mrs, Miss, Ms*)
Company
Address
Post code
Telephone Email
I enclose a cheque for £ payable to The Ark Design & Print Ltd or
Please debit £ from my Mastercard Visa
Card number
Card security code The final 3 digit number on the back of your card, on the signature strip.
Name as it appears on the card Signature
Expiry date /
Card address (if different from above)
Post code
Telephone
8At Barnett Ross we have Auction Results
dating back to the 1960s and are able to
provide Property Valuation Reports for a
variety of different requirements.
Do you need
a valuation of
your property?
With our extensive – Loans – 1982 CGT
market knowledge – Sales – Disputes
and experience, we – Probate – Divorce
can help you with – Transfers – Gifts (I.H.T.)
your requirements.
Contact John Barnett FRICS barnettross.co.uk
(Registered Valuer) 020 8492 9449
jbarnett@barnettross.co.ukIf you own a property and place the
Buildings Insurance, then let us try to
reduce your current premium without
compromising cover or service.
Paying too much
for buildings
insurance?
It costs nothing to get – Substantial Block Policy with
Axa Insurance resulting in
a quote, so contact competitive rates and generous
us before your next premium rebates.
renewal and we will – Dedicated claims line at our
be happy to assist. disposal for immediate response.
– All business handled by a
Chartered Surveyor with over
30 years experience.
Contact Jonathan Ross barnettross.co.uk
jross@barnettross.co.uk 020 8492 9449At Barnett Ross we regularly sell
Commercial and Residential properties
in our National Auctions on behalf
of Executors.
Maximise your
assets: sell
through auction.
If you are acting as – We can provide a ‘Red Book’
RICS Probate Valuation.
an executor we can
– If you subsequently sell
help you to maximise the property in one of our
your assets with a auctions, we will refund the
sale through auction. Valuation Fee.
Contact John Barnett FRICS barnettross.co.uk
(Registered Valuer) 020 8492 9449
jbarnett@barnettross.co.ukBR_
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KNOWLEDGE
and personal service. No arrangement
fees, no extension fees and no end
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fees. Interest charged from only
0.75% per calendar month.
Your property may be repossessed if you do not keep up on your mortgage repayments or any other debt secured on it. A rate from 0.75% will be chargeable on the amount borrowed
every calendar month. However rates are subject to change and will increase or decrease in line with movements in 3m LIBOR (The London Inter-Bank Offered Rate For Three Month
Sterling Deposits). Rates will be adjusted on each calendar month anniversary of the facility. The overall cost for comparison is 10.6% APR.Fed up with
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Suite 6, Forest Gate, London Rd, Chippenham, Wiltshire, SN15 3RSWE HELP CLIENTS SAVE$1$9(5$*(b OF £67,000 FROM THEIR TAX BILL Did you know WKDWLI\RXbRZQZDQWWR LQYHVWLQRUVHOObFRPPHUFLDOSURSHUW\ you are entitled to tax relief?
To find out more about how we can help you, please contact: Joel Kersen, Mortgage Broker T: 020 7330 0337 E: auction@spf.co.uk W: spf.co.uk
Freehold for sale by public auction (unless sold prior) Auction Venue:
Thursday 28th February 2019 at 1pm Radisson Blu Portman Hotel
(Main Auction commences 12pm) 22 Portman Square, London W1H 7BG
For all enquiries, please call 020 8492 9449
Lot A 156 Fonthill Road, Finsbury Park,
London N4 3HP
Revised Guide:
*Reserve below £1,000,000
Redevelopment Opportunity
6 week completion
© Crown copyright. All rights reserved. Licence number
100040809 – Plan not to scale
SITUATION View towards Seven Sisters Road
Located in a prime position in this busy commercial centre, just off
Seven Sisters Road and within 250 yards of Finsbury Park Rail
(Main, Northern and Jubilee Lines) and Bus Station.
In addition, the property is within a few hundred yards of the Telford
Homes Landmark Development comprising 355 new homes in
two iconic towers and a leisure complex (Visit -www.telfordhomes.
london/microsites/city-north).
PROPERTY
A late Victorian terraced building comprising a Ground Floor Shop
(with A3 Use) and separate front entrance to a Self-Contained
Upper Part on the first and second floors which were previously
occupied as offices.
ACCOMMODATION
Ground Floor Shop
FREEHOLD offered with VACANT POSSESSION
Gross Frontage 18'9"
Internal Width 17'3" Note 1: In the Auctioneer’s opinion, the upper part would
Shop Depth 45'0" be eminently suitable for conversion into 3 Self-Contained
Built Depth 59'0" Flats with the addition of a new 3rd floor, subject to
WC obtaining planning consent from Islington Council’s Planning
First Floor Ancillary Department – Tel: 020 7527 2000.
Office Area Approx. 650 sq ft plus 2 WCs & Kitchenette
Note 2: A newly built flat at 93/107 Fonthill Road is available
Second Floor Ancillary
at £525,000 for 683 sq ft (£768 per sq ft).
Office Area Approx. 425 sq ft
VAT is NOT applicable to this Lot
Vendor’s Solicitors
Axiom Stone
Vacant Shop and Offices Tel: 020 8951 6989 Ref: Jaymini Ghelani
Email: jg@axiomstone.co.uk
The Surveyors dealing with this property are The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
General Conditions and Memorandum as per Barnett Ross Catalogue 28th February 2019
John Barnett and Joshua Platt *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page in Main Catalogue6 Nursery Parade, Marsh Road, *Reserve below £250,000
Lot 1 Luton, Bedfordshire LU3 2QP 6 week completion
SITUATION ACCOMMODATION
Located in this busy local shopping centre serving the surrounding Ground Floor Shop
residential area, opposite Poundstretcher and with Lidl and Iceland Gross Frontage 18'6"
close by and amongst such other multiples as Greggs, William Hill, Internal Width 16'9"
NatWest and a host of local traders. Shop Depth 39'8"
Luton lies approx. 10 miles west of Stevenage and benefits from good Built Depth 46'0"
road links via the M1 (Junction 11). WC
First and Second Floor Flat
PROPERTY
4 Rooms, Kitchen, Bathroom/WC
A mid terrace building comprising a Ground Floor Shop with separate
rear access to a Self-Contained Flat (known as No.16) at first and TENANCY
second floor levels with private parking for 2 cars. The entire property is let on a full repairing and insuring lease to Indigo
Residential Limited as an Estate Agency (having 4 branches) for
VAT is NOT applicable to this Lot
a term of 10 years from 15th April 2015 at a current rent of £18,000
FREEHOLD per annum exclusive.
Rent Review and Tenant’s Break 2020
Note: We understand that the flat is sublet on an AST.
Vendor’s Solicitors
£18,000
Macrory Ward
Tel: 020 8440 3258 Ref: Martina Ward
per annum Email: martina@macroryward.co.uk
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Joshua Platt
16 *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page277 Wood Lane, Dagenham, *Reserve below £225,000
Lot 2 Essex RM8 3NH 6 week completion
SITUATION TENANCY
Located close to the junction with Winmill Road in this well established The entire property is let on a full repairing and insuring lease to
parade, adjacent to Day 1 and a Post Office and amongst such other CJ & J Martin as a Dry Cleaner for a term from 1st October 2012
multiples as William Hill, Lloyds Pharmacy and Co-Op Food. to 31st December 2022 at a current rent of £10,680 per annum
Dagenham is a densely populated residential area being approximately exclusive.
3 miles south-east of Ilford and 3 miles south-west of Romford
Rent Review 1st October 2019 and 3 yearly based on RPI
benefitting from good road links to the A406 North Circular and only 5
increase.
miles from London City Airport.
Note 1: The Flat is sublet on an AST at £12,000 per annum.
PROPERTY
A mid-terraced building comprising a Ground Floor Shop with Note 2: No. 303 Wood Lane (shop & flat let separately) sold for
separate rear access via a service road to a Self-Contained Flat £365,000 in July 2018.
on the first and second floors. In addition, the property inlcudes a
10ft deep front forecourt.
ACCOMMODATION
Site Depth 85'0"
Ground Floor Shop
Gross Frontage 17'6"
Internal Width 16'3"
Shop Depth 29'3"
Built Depth 46'0"
WC
Plus Rear Store 17'5" × 9'
First and Second Floor Flat
4 Rooms, Kitchen, Bathroom & 2 WCs
VAT is NOT applicable to this Lot
FREEHOLD © Crown copyright. All rights reserved. Licence number 100040809 – Plan not to scale
Vendor’s Solicitors
£10,680
Mr Anthony Kellner
Tel: 01707 667 300
per annum Email: anthony.kellner@pantherplc.com
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Zac Morrow *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
1749 & 51a Market Street, Loughborough,
Lot 3 Leicestershire LE11 3ER
SITUATION PROPERTY
Occupying an excellent trading position in the pedestrianised section A mid terraced building comprising a Ground Floor Shop with separate
of the town centre, diagonally opposite Peacocks and amongst such rear access via a communal front entrance to a Self-Contained Flat
other multiple traders as Oxfam, Iceland, Santander, TUI, Poundland, on the first and second floors.
Greggs, Costa Coffee and Cancer Research.
VAT is applicable to this Lot
In addition, the property is close to the junction with Market Place which
hosts other traders including Boots, Primark and Superdrug as well TENURE
as a Street Market. Leasehold for a term of 2,000 years from 25th December 2017 at
Loughborough is a busy town lying some 12 miles north of Leicester a peppercorn ground rent.
and 21 miles south-east of Derby with excellent road access via the A6
which links to the M1.
TENANCIES & ACCOMMODATION
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks
No. 49 Gross Frontage 16'9" Cardzone Limited 5 years from £17,500 FRI (subject to a
(Ground Floor Shop) Internal Width 15'7" (See Tenant 23rd July 2015 schedule of condition).
Shop & Built Depth 50'11" Profile) (excl. s24–28 of L & T
WC Act 1954)
No. 51a Not Inspected Individual 125 years from £100 FRI
(First & Second Floor 25th March 2009 Rent rises by £25
Flat) every 25 years.
Total: £17,600
TENANT PROFILE
Cardzone Limited trade under multiple names such as Cardzone, Hallmark, Paper
Kisses, Card Centre and Home Fragrances, with over a third of their stores holding
a franchise with Thorntons – visit: www.cardzoneltd.com. For Y/E 01/07/2017
Cardzone Limited reported a T/O of £25.19m, Pre-Tax Profit of £3.03m and
Shareholders’ Funds of £4.01m.
18*Reserve below £145,000
Gross Yield 12.1%
6 week completion
Photograph taken January 2018
View from Market Place
The Property
Copyright and confidentiality Experian, 2017. © Crown copyright and database rights 2017. OS 100019885.
Vendor’s Solicitors
ISC Lawyers
£17,600 per annum
Tel: 020 7833 8453 Ref: Michael Conlon
Email: michaelconlon@isclawyers.co.uk
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Steven Grossman *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
19118 Upper Clapton Road, Clapton, *Reserve below £400,000
Lot 4 London E5 9JY In same ownership for over 30 years
6 week completion
SITUATION PROPERTY
Opposite the junction with Northwold Road, in this established parade A mid terrace building comprising a Ground Floor Shop with separate
amongst a variety of local and multiple traders such as Tesco Express front access to 2 Self-Contained Flats planned on the first, second
and Betfred and less than 250 yards from Clapton Rail Station and third floors.
(Overground).
VAT is NOT applicable to this Lot
The property is located on this busy main road (A107) linking Stamford
Hill with Hackney, some 4 miles north-east of central London. FREEHOLD
TENANCIES & ACCOMMODATION
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks
Ground Floor Gross Frontage 18'6" D. Garip 15 years from £7,000 FRI
Shop Internal Width 13'7" (Café t/a Mosaic 22nd October 2003 (Original Rent) Holding Over.
Shop Depth 52'2" Clapton) Rent Reviews (3 yearly
Built Depth 66'0" – never actioned).
WC
(incl. central heating)
No. 118a Not inspected Individuals 189 years from Peppercorn FRI
(First Floor Flat) 29th September 1985
No. 118b 3 Rooms, Kitchen, Bathroom/WC
(Second & Third (incl. central heating) VACANT
Floor Flat) (GIA Approx. 900 sq ft)
Total: £7,000 plus
Vacant Flat
£7,000 per annum Vendor’s Solicitors
Fladgate LLP
Plus Vacant Flat
Tel: 020 3036 7000 Ref: Julian Scharfer
Email: jscharfer@fladgate.com
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Elliott Greene
20 *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page455 Streatham High Road, *Reserve below £60,000
Lot 5 Streatham, London SW16 3PH By Order of Charitable Trustees
6 week completion
SITUATION
Located near the junction with Colmer Road close to Lidl, Europcar,
Topps Tiles and amongst a variety of local businesses being
approximately 250 yards from Norbury Mainline Station.
Streatham is a popular area some 6 miles south-west of Central
London.
PROPERTY
A single storey building comprising a Ground Floor Shop.
ACCOMMODATION
Ground Floor Shop
Gross Frontage 14'11"
Internal Width 13'5"
Shop Depth 16'6"
Built Depth 22'7"
WC
VAT is NOT applicable to this Lot
FREEHOLD
TENANCY
The entire property is let on a full repairing and insuring lease to
Mrs A Isikhuemhen as a Hair Salon for a term of 10 years from
17th August 2009 at a current rent of £4,700 per annum exclusive.
Rent Review August 2014 (Not actioned)
Reversion 2019
Vendor’s Solicitors
£4,700
Rice Jones & Smith
Tel: 020 7831 2506 Ref: Steven Hayward
per annum Email: sh@londonrjs.co.uk
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Joshua Platt *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
2147, 49 & 49a Copperfield Road, Bassett, *Reserve below £225,000
Lot 6 Southampton, Hampshire SO16 3PR 6 week completion
SITUATION PROPERTY
Located at the junction with The Parkway in this established A corner building comprising 2 Ground Floor Shops with wide
neighbourhood parade, serving the surrounding residential area approx. frontages and separate rear access to a Self-Contained Flat at first
2 miles north of Southampton and close to Southampton University floor level.
Campus. In addition, the property includes front forecourt parking for approx.
Southampton is a busy commercial centre located on the South Coast, 7 cars plus 2 rear garages.
well served by good transport links including the A27 which links to the
VAT is NOT applicable to this Lot
M27 motorway.
FREEHOLD
TENANCIES & ACCOMMODATION
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks
Nos. 47/49a Ground Floor Shop Rosina Eames 10 years from £11,200 FRI
(Ground Floor Gross Frontage 28'8" (Hairdresser) 1st July 2013 Rent Review July 2019.
Shop, First Floor Internal Width 27'10" (In occupation for Tenant’s Break
Flat & Shop Depth 22'7" 28 years) July 2019 was not
2 Garages) Built Depth 29'6" exercised.
WC The Tenant lives in the
First Floor Flat flat.
2 Bedrooms, Living/Dining Room, £2,375 Rent Deposit
Kitchen, Bathroom/WC held.
(GIA Approx 700 sq ft)
2 Garages
No. 49 Gross Frontage 35'6" Jazmin Morrison 5 years from £8,000 IRI plus shop front.
(Ground Return Frontage 20'0" t/a Shampoodle 1st March 2017 Tenant’s Break
Floor Shop) Internal Width 34'6" Dog Grooming March 2020.
Shop Depth 20'0" (Having 2 £2,000 Rent Deposit
Built Depth 27'0" branches) held.
WC
Total: £19,200
Vendor’s Solicitors
£19,200
Kirkwoods
Tel: 020 8954 8555 Ref: Richard Bridges
per annum Email: richard@kirkwoods-solicitors.co.uk
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Jonathan Ross
22 *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page58 Hoylake Road, Bidston, *Reserve below £50,000
Lot 7 Birkenhead, Merseyside CH41 7BY Gross Yield 10.5%
6 week completion
SITUATION
Located on this busy road which forms part of the A553, close to the
junction with Challis Street and amongst a host of local traders all
serving the surrounding residential area.
Bidston lies approx. 2½ miles north-west of Birkenhead, 3 miles west
of Liverpool city centre and benefits from good road links via the M53.
PROPERTY
A semi-detached building comprising a Ground Floor Betting Shop
with a First Floor which currently has no access.
ACCOMMODATION
Ground Floor Betting Shop
Gross Frontage 19'1"
Internal Width 16'0"
Shop Depth 51'0"
Built Depth 87'9"
Kitchen, 2 WCs
First Floor (not inspected)
VAT is NOT applicable to this Lot
FREEHOLD
TENANCY
The entire property is let on a full repairing and insuring lease to
William Hill Organisation Limited (having over 2,300 branches)
for a term of 15 years from 1st March 2008 at a current rent of
£5,250 per annum exclusive.
Note: The tenant did not operate their 2018 Break Clause.
Vendor’s Solicitors
£5,250
Spire Solicitors LLP
Tel: 01953 453 143 Ref: Colin Wright
per annum Email: colin.wright@spiresolicitors.co.uk
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
Steven Grossman and Elliott Greene *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
231 Victoria Place, Axminster,
Lot 8 Devon EX13 5NQ
SITUATION PROPERTY
Occupying a prominent corner trading position at the intersection A substantial terraced property with excellent window frontage
of Chard Street, Lyme Street & West Street, and close to branches comprising a Ground Floor Coffee Shop with Basement Ancillary
of McColls, Boots, Santander, Tesco, Vision Express, Post Storage all fitted to an extremely high standard, together with separate
Office, Lloyds Bank as well as being the home of the well known front access to a Self-Contained Commercial Upper Part at first and
River Cottage Cookery School & Delicatessen. second floor level.
Directly opposite is the George Hotel, currently undergoing a major
VAT is NOT applicable to this Lot
refurbishment and due to re-open in February. Previous guests include
King George lll and Lord Nelson. FREEHOLD
Axminster is an attractive Market Town and popular tourist destination
on the River Ax, the birthplace of Axminster Carpets in 1755, located 5
miles north-west of Lyme Regis, 7 miles south of Chard and 25 miles
south-east of Exeter, with excellent road links with the A35 & A358.
TENANCIES & ACCOMMODATION
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks
Ground Floor Ground Floor Shop Jurassic Coast 15 years from £22,500 Effectively FRI
Shop & Total Window Frontage 88'0" Coffee Ltd 17th January 2017 (see Lease)
Basement Internal Width 49'9" (max) (Guaranteed by Rent Reviews 2022 &
Shop Depth 34'2" (max) Premiere Coffee 2027.
2 WC’s Ltd) Tenant’s Break October
Net Int. Area 1,465 sq ft (as per lease) t/a Costa 2027 (If not exercised
Basement Storage (See Tenant then a 3 month rent
Net Int. Area 1,022 sq ft (as per lease) Profile) free is given).
First & Not Inspected 3 Individuals 999 years from £100 Effectively FRI.
Second Floor 1st December 2006 Annual RPI Reviews
Commercial (Not implemented)
Upper Part
Total: £22,600
TENANT PROFILE
Jurassic Coast Coffee Ltd and Premiere Coffee Ltd have recently merged with the Scoffs Group
and now form one of the largest Costa franchises trading from 88 branches across the Country.
Premiere Coffee Ltd reported Turnover for the year ending 30th November 2017 of £22.44m,
Pre-Tax Profit £1.2m and Shareholders’ Funds £2.93m.
24*Reserve below £275,000
Completion 25th March 2019
The Property
© Crown copyright. All rights reserved. Licence number 100040809 – Plan not to scale
Vendor’s Solicitors
£22,600
Macrory Ward
Tel: 020 8440 3258 Ref: Ms Martina Ward
per annum Email: martina@macroryward.co.uk
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
Jonathan Ross and John Barnett *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
25279 Wood Lane, Dagenham, *Reserve below £140,000
Lot 9 Essex RM8 3NH Reversionary Ground Rent Investment
6 week completion
SITUATION FREEHOLD
Located close to the junction with Winmill Road in this well-established
TENANCY
parade, amongst such other multiples as William Hill, Lloyds
The entire property is let on a full repairing and insuring lease to
Pharmacy and Co-op Food.
I J Malik as a Post Office/Stationers for a term of 99 years from
Dagenham is a densely populated residential area being approximately
29th September 1926 at a rent of £12.50 per annum exclusive.
3 miles south-east of Ilford and 3 miles south-west of Romford
benefitting from good road links to the A406 North Circular and only 5 Valuable Reversion in approx. 6½ years.
miles from London City Airport.
Note 1: It is believed that the Flat is sublet on an AST.
PROPERTY
Note 2: No. 303 Wood Lane (shop & flat let separately) sold for
A mid-terraced building comprising a Ground Floor Shop with
£365,000 in July 2018.
separate rear access via a service road to a Self-Contained Flat
on the first and second floors. In addition, the property includes a
10ft deep front forecourt.
There are double gates to the rear yard with parking for 1 car.
ACCOMMODATION
Site Depth 85'0"
Ground Floor Shop
Gross Frontage 19'0"
Internal Width 17'0"
Shop Depth 49'0"
Built Depth 67'0"
WC
First and Second Floor Flat
3/4 Rooms, Kitchen, Bathroom/WC
(Not inspected by Barnett Ross)
VAT is NOT applicable to this Lot © Crown copyright. All rights reserved. Licence number 100040809 – Plan not to scale
Vendor’s Solicitors
£12.50
Mr Anthony Kellner
Tel: 01707 667 300
per annum Email: anthony.kellner@pantherplc.com
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Zac Morrow
26 *Refer to points 9 and 10 in the ‘Notice to all Bidders’ pageUnit 1 The Precinct, Main Street, Stretton, *Reserve below £110,000
Lot 10 Burton-on-Trent, Staffordshire DE13 0DZ 6 week completion
SITUATION VAT is applicable to this Lot
Located in the centre of this pleasant village in the main shopping
TENURE
precinct, directly opposite Co-op Food and amongst a variety of local
Leasehold for a term of 2,000 years from 24th June 1987 at a
traders as well as a Co-op Funeralcare and serving the surrounding
peppercorn ground rent.
residential area.
The Stretton Medical Centre is within a few hundred yards distant. TENANCY
Stretton is located just off the main A38 some 2 miles north of Burton- The entire property is let on a full repairing and insuring lease to Dean &
on-Trent , 11 miles from the M42 (Junction 11) and 17 miles from the Smedley Limited as a Pharmacy (a family run Pharmacy founded
M1 (Junction 23). in 1927 and having 11 branches within a 15 mile radius of Burton)
for a term of 15 years from 29th September 2009 at a current rent of
PROPERTY
£8,700 per annum exclusive.
An end of terrace building comprising a Ground Floor Shop with
separate rear access to a Self-Contained Flat on the first floor with Rent Review September 2019 (Landlord quoted £11,000 p.a.).
uPVC double glazing. In addition, the property benefits from use of a
Tenant’s Break September 2019
front shoppers’ car park and 2 Car Spaces within a rear car park.
Note 1: The tenant did not operate their 2014 Break Clause.
ACCOMMODATION
Ground Floor Shop Note 2: We are informed that the adjoining shop (Unit 2) is let at
Gross Frontage 22'3" £8,400 p.a. which does not include the flat.
Internal Width 20'5"
widening to 22'9"
Shop & Built Depth 49'8"
WC
First Floor Flat
2 Bedrooms, Living Room, Kitchen, Bathroom/WC
(GIA Approx. 525 sq ft)
Vendor’s Solicitors
£8,700
Heritage Solicitors
Tel: 0121 551 1711 Ref: Ms Saida Parveen
per annum Email: saida@heritagesolicitors.com
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Steven Grossman *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
274 Parking Spaces at Byron Court, Reserve below £8,000
Lot 11 Flamstead End Road, Flamstead End, 6 week completion
Cheshunt, Hertfordshire EN8 0HU
© Crown copyright. All rights reserved. Licence number 100040809
– Plan not to scale
No. 4 No. 5 No. 7 No. 8
SITUATION
Located directly behind a purpose built block of flats (Byron Court) Byron Court
and being near to the junction with Brookfield Lane and amongst a
variety of residential and commercial occupiers including William Hill,
Londis, a Shell Petrol Station and a Tesco Express as well as a
Dentist which is adjacent to the property and a Pub being directly
opposite.
Cheshunt is located approx. 4 miles north of Enfield and benefits from
excellent road links via the M25 (Junction 25) and the A10.
PROPERTY & ACCOMMODATION
Forming 4 Parking Spaces (Nos. 4, 5, 7 & 8) (all to be offered as
one lot) to the rear of a block of flats accessed directly off Flamstead
End Road. Entrance to parking spaces
VAT is NOT applicable to this Lot
TENURE
4 separate leaseholds each for a term of 250 years from
completion at a peppercorn ground rent (all to be offered as Byron Court
one lot).
Offered with Vacant Possession
Note 1: One of the parking spaces sold in October 2018 for
£2,500 to a lessee of Byron Court for a term of approx. 101 years
at a ground rent of £25 p.a. rising every 15 years by RPI.
Note 2: In the Auctioneer’s opinion, the spaces may provide
additional parking for the commercial and residential occupiers
in the nearby locality.
Vendor’s Solicitors
4 Vacant Parking Spaces
Teacher Stern LLP
Tel: 020 7242 3191 Ref: Victoria Hodges
Email: v.hodges@teacherstern.com
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Steven Grossman
28 *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page41 Lower High Street, Wednesbury, *Reserve below £175,000
Lot 12 West Midlands WS10 7AJ Gross Yield 10%
6 week completion
OPENING HOURS
5.30PM–11.30PM
SITUATION
Located on the east side of Lower High Street close to the junction with Market Place and
amongst such multiples as HSBC, Post Office, Co-operative Funeralcare and Connells.
Wednesbury is a market town located approx. 5 miles south-east of Wolverhampton and 7
miles north-west of Birmingham benefitting from excellent road access via the M6 (Junction 9).
PROPERTY
A mid-terrace building comprising a Ground Floor Banking Hall with Basement and
Ancillary Accommodation on the first and second floors.
ACCOMMODATION
Ground Floor Banking Hall
Gross Frontage 28'1"
Internal Width 22'10" (max)
Bank Depth 68'2"
Built Depth 81'0"
Banking Hall Area Approx. 1,165 sq ft
Basement Area Approx. 385 sq ft
First Floor Area Approx. 765 sq ft plus WC’s
Second Floor Area Approx. 435 sq ft
Total Area Approx. 2,750 sq ft
VAT is NOT applicable to this Lot
FREEHOLD
TENANCY
Copyright and confidentiality Experian, 2017. © Crown copyright and database rights 2017. OS
The entire property is let on a full repairing and insuring lease (subject to a schedule of 100019885.
condition) to Barclays Bank PLC (T/O for Y/E 31/12/17 £26.7bn, Pre-Tax Profit
£3.16bn and Shareholders’ Funds £65.7bn) for a term of 20 years from 21st May 2008
at a current rent of £17,500 per annum exclusive.
Rent Reviews 2022 and 2027. Tenant’s Break 2023
Note: Barclays will be closing this branch on 29th March 2019.
Vendor’s Solicitors
£17,500
Salehs Solicitors
Tel: 0161 434 9991 Ref: Nouman Bhatty
per annum Email: nouman.bhatty@salehs.co.uk
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
Steven Grossman and Elliott Greene *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
29130 Brighton Road, Coulsdon, *Reserve below £300,000
Lot 13 Surrey CR5 2ND 6 week completion
SITUATION ACCOMMODATION
Located in a prominent position on this busy retail thoroughfare, Ground Floor Shop
opposite the junction with Victoria Road, adjacent to Caffé Nero and Gross Frontage 18'0"
amongst such multiples as Santander, Boots, Barclays, Waitrose and Internal Width 15'6"
a host of local traders. Shop Depth 45'0"
The street benefits from 60 minutes free parking for shoppers. Basement
Coulsdon is a popular Surrey town approx. 3 miles south of Purley and Area Approx. 600 sq ft
4 miles north of the M25 (Junction 6). WC
First & Second Floor Flat
PROPERTY
3 Bedrooms, Living Room, Kitchen, Bathroom/WC
A mid terrace building comprising a Ground Floor Shop and
GIA Approx. 1,020 sq ft
Basement with separate rear access to a Self-Contained Flat on the
first and second floors with gas central heating. TENANCY
In addition, the property includes a Rear Yard with parking for 2 cars. The entire property is let on a full repairing and insuring lease to
Coughlans Bakeries Ltd (having 20 branches) for a term of
VAT is NOT applicable to this Lot
5 years from 25th March 2014 at a current rent of £20,000 per annum
FREEHOLD exclusive.
Valuable Reversion in 2019.
Note: We understand the Flat is sub-let on an AST at
£13,800 per annum.
Vendor’s Solicitors
£20,000
Macrory Ward
Tel: 020 8440 3258 Ref: Martina Ward
per annum Email: martina@macroryward.co.uk
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Joshua Platt
30 *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page34 Hamilton Road, Felixstowe, *Reserve below £100,000
Lot 14 Suffolk IP11 7AN 6 week completion
SITUATION PROPERTY
Located in the prime pedestrianised town shopping centre which Forming part of a terraced parade of late Victorian buildings comprising
includes Marks & Spencer, Iceland, Edinburgh Woollen Mills, a Large Ground Floor Shop with internal access to Basement
Peacocks, Bon Marche and Santander. Storage and separate rear access to a Self-Contained Flat on the
Felixstowe is Britain’s busiest and biggest container port being approx. two upper floors.
12 miles south-east of Ipswich and 29 miles north-east of Colchester
VAT is NOT applicable to this Lot.
and enjoying good road access via the A12 and A14.
FREEHOLD
TENANCIES & ACCOMMODATION
Property Accommodation Lessee Term Ann. Excl. Rental Remarks
Ground Ground Floor Shop
Floor Shop & Gross Frontage 21'0'
Basement Internal Width 18'8"
widening to 19'8"
Shop Depth 27'0"
Built Depth 53'0"
VACANT
WC
Basement
Area Approx. 270 sq ft
First & Second 4 Rooms, Living Room, Kitchen, 2 Individuals 125 years from £5 FRI
Floor Flat Bathroom/WC – Not inspected 31st October 2018
Vacant Shop Joint Auctioneers
Nicholas Estates
Vendor’s Solicitors
BSG Solicitors LLP
& Basement Tel: 01394 282 828 Ref: Karen Banham
Email: karen@nicholasestates.co.uk
Tel: 020 8343 4411 Ref: Jeremy Swerner
Email: jeremy@bsgsolicitor.com
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Joshua Platt *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
3111 Hammerton Street, Burnley, *Reserve below £70,000
Lot 15 Lancashire BB11 1NA Gross Yield 12.1%
6 week completion
Marks & Spencer
SITUATION TENANCY
Located on the west side of Hammerton Street, just off the The property is let on a full repairing and insuring Law Society lease to
pedestrianised St James Street with nearby multiple retailers including Precious Glimpse Ltd (see Tenant Profile) for a term of 5 years from
Marks & Spencer, Subway, GAME, Skipton Building Society, 25th October 2018 at a current rent of £8,500 per annum exclusive.
Santander and a host of local traders.
Tenant’s Break 2022
Burnley is a busy market town lying just off the M65 (Junction 10)
midway between Blackburn and Halifax, some 24 miles north of Note 1: The tenant previously traded from smaller premises
Manchester. opposite the property for many years.
PROPERTY Note 2: There is a £1,000 Rent Deposit held.
Forming part of a mid-terraced building comprising a Ground Floor
TENANT PROFILE
Shop.
Precious Glimpse Ltd is a professional 2D, 3D, 4D & HD live baby
ACCOMMODATION scanning studio for expectant parents and trade from two branches –
Ground Floor Shop visit: www.preciousglimpse.co.uk
Gross Frontage 23'8"
Internal Width 20'0" The Property
Shop Depth 53'5"
Built Depth 95'2"
Sales Area Approx. 1,010 sq ft
Store Area Approx. 295 sq ft
3 WCs
VAT is applicable to this Lot
TENURE
Leasehold for a term of 250 years from June 2016 at a peppercorn
ground rent.
Vendor’s Solicitors
£8,500
Hamilton Downing Quinn LLP
Tel: 020 7831 8939 Ref: Guy Stevenson
per annum Email: guys@hamd.co.uk
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
Steven Grossman and Elliott Greene
32 *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page69 Anerley Road, Crystal Palace, *Reserve below £150,000
Lot 16 London SE19 2AS 6 week completion
SITUATION PROPERTY
Occupying a busy trading position near the junction with Hamlet Road Forming part of an end of terrace building comprising 2 Ground Floor
within this well established shopping parade near a Tesco Express Shops. The Left Hand Shop was refurbished in 2017.
and a variety of local traders as well as being just a short walk from the
VAT is NOT applicable to this Lot
open spaces at Crystal Palace Park.
Crystal Palace is located just north of Croydon and approximately 6 TENURE
miles south-east of central London, benefitting from good transport Leasehold for a term of 125 years from 24th June 2004 (thus
links via Crystal Palace Mainline Station being just a few hundred yards having approx. 110 years unexpired) at a fixed ground rent of
away. £200 p.a.
TENANCIES & ACCOMMODATION
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks
Ground Floor Gross Frontage 15'7" Phillip Charles 9 years from £9,000 Limited repairing obligations
Shop Internal Width 14'10" (max) Estates Ltd 16th February 2018 (see Note) - see lease.
(Left Hand Shop) Shop & Built Depth 18’3" (Estate Agents) Tenant’s Break February
External WC 2021
Note: Rent rises to
£10,000p.a in 2021 and
£10,500p.a in 2023.
£1,500 Rent Deposit held.
Ground Floor Gross Frontage 20'8" Frozen Water 2 years & 1 day £4,800 Limited repairing obligations
Shop Internal Width 17'5" (max – (Richard Laleye) from April 2014 - see lease.
(Right Hand Shop) narrowing at rear) (Ice Production) Holding over.
Shop & Built Depth 18'9"
Total: £13,800
(see Note)
Vendor’s Solicitors
Net Rent £13,600
Smith Partnership
Tel: 01332 225 225 Ref: Ann Gadsby
per annum Email: ann-gadsby@smithpartnership.co.uk
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
Elliott Greene and Joshua Platt *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
3386-90 Dalton Road, Barrow-in-Furness,
Lot 17 Cumbria LA14 1JH
SITUATION FREEHOLD
Located in the heart of the town’s main pedestrianised retail
TENANCY
thoroughfare, opposite Sports Direct and Bonmarché and close to
The entire property is let on a full repairing and insuring lease to
NatWest, Ryman, Shoezone, Halifax, The Works, Home Bargains
Barclays Bank PLC (T/O for Y/E 31/12/17 £26.7bn, Pre-Tax
and others.
Profit £3.16bn and Shareholders’ Funds £65.7bn) for a term of
Barrow is the second largest urban area in Cumbria after Carlisle and
10 years from 25th May 2015 (in occupation for approx. 30 years
lies on the Furness Peninsula, close to the Lake District and some 34
– renewal of a previous lease) at a current rent of £31,500 per
miles south-west of Kendal and the M6 (Junction 36).
annum exclusive.
PROPERTY
An end of terrace building comprising a Ground Floor Bank with Rent Review & Tenant’s Break May 2020
internal access to Ancillary/Office Accommodation at first floor level.
Note: In Autumn 2018, the Tenant carried out an extensive
ACCOMMODATION
internal refurbishment of the property to a high standard.
Ground Floor Bank
Gross Frontage 34'8"
Internal Width 35'1" (max)
Bank Depth 60'0" View from Property
Built Depth 79'0"
Banking Hall Area Approx. 1,835 sq ft
Customer WC
First Floor Ancillary/Offices
Area Approx. 1,690 sq ft
Ladies & Gents WCs
Total Area Approx. 3,525 sq ft
VAT is applicable to this Lot
34*Reserve below £200,000
Gross Yield 15.75%
6 week completion
Banking Hall
Vendor’s Solicitors
Fladgate LLP
£31,500 per annum
Tel: 020 3036 7000 Ref: Julian Scharfer
Email: jscharfer@fladgate.com
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Elliott Greene *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
35Flat 137, Bray Road, Mill Hill East, *Guide: £250,000+
Lot 18 London NW7 1SL 6 week completion
The Property
SITUATION VAT is NOT applicable to this Lot
Located within this popular residential area directly opposite the
TENURE
impressive Millbrook Park Residential Development and within
Leasehold for a term of 125 years from 9th December 1999 (thus
close proximity to Waitrose, Virgin Active and a host of local shopping
having over 105 years unexpired) at a peppercorn ground rent.
facilities on Bittacy Hill and Holders Hill Road.
Mill Hill East Underground Station (Northern Line) is within approx. Offered with VACANT POSSESSION
500 yards and Frith Manor Primary School is just over ½ mile distant.
Note 1: The flat is currently let on an AST (now holding over) at
Mill Hill East is a sought-after London suburb situated less than 8 miles
£15,420 p.a. (£1,285 pcm) but the tenant will be vacating prior to
north-west of central London benefitting from good road links via the
completion – refer to the Special Conditions of Sale.
A1 and North Circular Road.
Note 2: Flat 73 (2 bed) sold for £325,000 in March 2017 (source:
PROPERTY
zoopla.co.uk).
Comprising a Large Self-Contained 2 Bed Flat at second floor level
which includes:
• 1 Designated Parking Space
• Gas Central Heating The Property
• uPVC Double Glazing
• Entry Phone
• Washing Machine, Tumble Dryer, Fridge/Freezer
ACCOMMODATION (measurements to maximum points)
Second Floor Flat Mill Hill East
Reception Room 19'9" × 11'2" Underground Station
Kitchen 12'8" × 7'2" plus Utility Cupboard
Bedroom 1 13'10" × 8'1"
Bedroom 2 13'11" × 8'0"
Waitrose &
Storage Room 7'2" × 4'3"
Virgin Active
Bathroom
Gym
Separate WC
GIA Approx. 745 sq ft
Vendor’s Solicitors
Vacant 2 Bed Flat
Macrory Ward
Tel: 020 8440 3258 Ref: Martina Ward
Email: martina@macroryward.co.uk
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
Joshua Platt and Steven Grossman
36 *Refer to points 9 and 10 in the ‘Notice to all Bidders’ pageYou can also read
