THURSDAY 14TH DECEMBER 2017 - At The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG - Barnett Ross
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THURSDAY 14TH DECEMBER 2017
Barnett Ross
AUCTION
At The
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
Commencing at 12.00 p.m.
14TH DECEMBER 2017
Auctioneers
J. Barnett FRICS
J. L. G. Ross MRICS Tel: 020 8492 9449 Fax: 020 8492 7373
Notice to all Bidders
1. Please note the General Conditions of Sale which are included with this catalogue and the Special
Conditions of Sale which are available on request. An Addendum will be made available on the Auction
Day and the bidder should check whether the lot which he/she is interested in bidding for is included.
2. Prospective purchasers are assumed to have inspected the properties in which they are interested and
to have made all usual pre-contract searches and enquiries.
3. The successful Bidder is Bound under Contract as soon as the Auctioneer’s gavel falls on his/her
final bid. Immediately thereafter the successful Bidder will be handed a Form to fill out supplying details
of his/her name and address together with (if different) the name and address of the purchaser and
those of his/her solicitors. He/she must also supply a cheque for the deposit, which we will hold at
our office. The bidder will be given our bank account details and must arrange to transfer the
deposit monies to our client bank account the following day by way of a ‘same day CHAPS
payment.’ Once these funds are received we will return the bidder’s cheque by post.
4. The information from the Form will be used to complete a memorandum of contract similar to the one
at the back of this catalogue which the purchaser must sign and hand to the Auctioneer’s staff prior to
leaving the room.
5. If the Purchaser’s memorandum of contract is not signed, the Auctioneer, or any person authorised by
them, will sign the memorandum of contract on behalf of the Bidder/Purchaser.
6. The Auctioneers endeavour to have copies of title documents, leases, licences etc. and a local search
available for inspection at their offices and in the auction room. It is recommended that anyone wishing
to inspect such documents should telephone first to ensure that the required documents are available.
If any Bidders are intending to come to the Auction for a specific lot they are advised to check
7.
with the Auctioneers on the morning of the sale to ensure that the particular lot will be offered
at the Auction as a lot can be sold or withdrawn at any time prior to being offered.
8. Some plans or extracts from plans in this catalogue are based upon the Ordnance Survey Map with the
sanction of the Controller of H.M. Stationery Office Crown Copyright reserved.
9. ESERVE:
R
The ‘Reserve’ is the minimum figure for which a property can be sold as agreed between the Seller and the
Auctioneer. The ‘Reserve’ is not disclosed and remains confidential between the Seller and the Auctioneer.
GUIDE:
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.
The ‘Guide’ can be published as follows:
a. ‘Reserve below’ which means the ‘Reserve’ will be below the shown amount.
b. A single price figure where the ‘Reserve’ is not to exceed it.
c. A single price figure with a + symbol where the ‘Reserve’ is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the ‘Reserve’ is to be within that range.
The Seller’s expectation as to the sale price may change during the marketing period as a result of interest
received from prospective Buyers. Therefore, the Seller may increase or decrease the ‘Reserve’ at any time
up to just before bidding commences. If the ‘Reserve’ becomes fixed at a level that makes the ‘Guide’
misleading, the Auctioneers will subsequently issue a revised ‘Guide’ as soon as is practicable. Accordingly,
prospective bidders should monitor the ‘Guide’ with the Auctioneers prior to the Auction taking place via
our website at www.barnettross.co.uk
10. In addition to the purchase price the Buyer or Bidder will be liable to pay Barnett Ross Ltd a non-refundable
administration fee as specified on the Particulars of Sale and there may also be additional non-optional fixed
or variable fees and costs. To establish the full cost of purchasing a property please inspect the special
conditions of sale and all other documentation in the legal pack. Please also refer to the addendum at
www.barnettross.co.uk for updates.
11. I f a Bidder cannot attend the Auction and wishes to make a telephone or proxy bid, then arrangements
should be made on a form available from the Auctioneers prior to the sale.
12. The purchaser is usually responsible for insurance on the property as and from exchange of contracts.
We are usually aware of the existing cover and can often arrange cover immediately on the day at
attractive rates.
13. Energy Performance Certificates (EPCs) – The Asset Rating for the EPCs that were available for lots at the
time the catalogue was printed are displayed in the ‘EPC Appendix’ at the rear of the catalogue. EPCs for all
lots can be viewed by accessing the ‘Request Legal Pack & EPC’ facility displayed on each lot page on our
On-line Catalogue.
Proof of Identity
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 •D
riving Licence (only supply if Passport is
• Photocard Driving Licence 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.
Mailing List
To be added to our Mailing List, please email your request to
info@barnettross.co.uk.
Telephone Bidding
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
www.barnettross.co.uk and return it to us, with your deposit cheque and ID,
two days before the Auction
If you cannot download the Form or need assistance completing it, telephone
the Auction Team on 020 8492 9449.
Follow the Auction Live on the Internet
On the day of the auction, visit www.barnettross.co.uk and click on the Auction
Live link on the Home Page.
It is not possible to bid from the screen.
1
Order of Sale
Commencing 12.00 p.m.
Lot
1 82 London Road Cheltenham Gloucestershire
2 301 North End Road West Kensington London W14
3 3 Market Street Hailsham East Sussex
4 56 Chetwynd Road Kentish Town London NW5
5 9–10 St Thomas Street Weymouth Dorset
6 Ground Rent consisting of 103 houses and land Bolton Lancashire
7 23 Ashton Road Denton Greater Manchester
8 Commercial Ground Rent Portfolio North of England
9 152 Cat Hill Cockfosters Hertfordshire
10 444 Hoe Street Walthamstow London E17
11 12–16 Church Street Esher Surrey
12 45/47 Seamoor Road, Westbourne Bournemouth Dorset
13 The Flying Standard, 2–10 Trinity Street Coventry West Midlands
14 280 High Street Bangor Gwynedd
2
Lot
15 Commercial Ground Rent Portfolio (A) Oldham Lancashire
16 2c/d/e Rainbow Street Leominster Herefordshire
17 8 Cole Street Scunthorpe North Lincolnshire
18 52/54 Burlington Road New Malden Surrey
19 Flat 2, 7 Chelsea Embankment Chelsea London SW3
20 Ground Floor Unit, Geneva House, 3 Park Road Peterborough Cambridgeshire
21 57 Great Bridge, Tipton West Bromwich West Midlands
22 83 Welbeck Road East Barnet Hertfordshire
23 18 Regent Street Mansfield Nottinghamshire
24 Residential Ground Rent Portfolio North of England
25 470a West Green Road West Green London N15
26 Commercial Ground Rent Portfolio (B) Oldham Lancashire
27 57 Makepeace Road Northolt Middlesex
28 1 Waterloo Road Brentwood Essex
3
Copy Legal Documentation
To obtain an immediate download:
If you wish to obtain the Special Conditions and/or the Legal Documents in respect of any lot please go to www.barnettross.co.uk,
then on our Home Page click on ‘Next Auction’, then click on the relevant lot number and finally click on ‘Request Legal Pack & EPC’.
The Special Conditions of Sale and/or the Legal Documents, when available, are free to download.
Barnett Ross endeavour to dispatch all documents which are received by us from the Vendors’ Solicitors subsequent to your initial
request. Prospective purchasers are advised to check whether any such outstanding documents have been received.
Where available, a Document Pack for each lot can be inspected at the Auction Sale.
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,
the Ark design & print
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:
In respect of lot(s) ..........................................................................................................................................................................................................................................................................................
Please despatch to: Title (Mr, Mrs, Miss, Ms*) ..............................................................................................................................................................................................................
Company ................................................................................................................................................................................................................................................................................................................
Address ....................................................................................................................................................................................................................................................................................................................
......................................................................................................................................................................................... Post code .....................................................................................................................
*Delete as appropriate
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 ..............................................................................................................................................................................................................................................................................................................
4
GIVE YOUR
PROPERTY THE
BEST CHANCE
OF SELLING
AT AUCTION
Barnett Ross continue to have the
highest success rate of any major
UK commercial auction house*
* Based on commercial property sold in 2016 • Source: EI Group
www.barnettross.co.uk
020 8492 9449
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not save money both for you and/or your Tenant.
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resulting in competitive rates and handsome premium rebates.
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immediate response in the event of a claim.
Above all, your business will be handled by a Chartered Surveyor
with over 25 years Insurance experience – that would be me!
It costs you nothing to get a quote so
please call me before your next renewal.
Regards,
Jonathan Ross
Barnett Ross Insurance Services
jross@barnettross.co.uk
Barnett Ross Insurance Services Limited is an Appointed Representative of CBC UK Limited, which is Au-
thorised and Regulated by the Financial Conduct Authority. FCA Firm Reference No 145164. Registered
in England No 01973536. Registered Office 8-11 Crescent London EC3N 2LY.
020 8492 9449 www.barnettross.co.uk
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Interest charged from only
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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
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Property Valuation?
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John Barnett FRICS (Registered Valuer)
020 8492 9449
jbarnett@barnettross.co.ukLOT
1 82 London Road, *Reserve below
Cheltenham, £90,000
Gloucestershire GL52 6EH 6 WEEK COMPLETION
The Property
SITUATION VAT is NOT applicable to this Lot
Located on the main A40 London Road at the corner of
Keynsham Street within a local parade of shops including a FREEHOLD
Premier Express and serving the surrounding sought after
residential area only ¼ mile from the town centre. TENANCY
Cheltenham is an attractive Spa Town approximately 8 miles The entire property is let on a full repairing and insuring lease
east of Gloucester and 42 miles north of Bristol, only 4 miles to Coral Racing Limited (see Tenant Profile) a term of
east of the M5 (J11) which links with the M4 to the South and 10 years from 29th September 2009 at a current rent of
the M42 to the North. £7,500 per annum exclusive.
PROPERTY TENANT PROFILE
A corner property comprising a Ground Floor Betting Shop Ladbrokes and Coral merged in 2016 to create Ladbrokes
and Basement with a First Floor above which currently has Coral Group plc, the largest bookmakers in the UK with some
no access. 3,500 stores (www.coral.co.uk).
For Y/E 31/12/16, Coral Racing Limited reported a T/O of
ACCOMMODATION £867.4m, Pre-Tax Profit of £91.2m and Shareholders’ Funds
Ground Floor Shop of £215.8m.
Gross Frontage 12'6"
Return Window Frontage 10'4" Note 1: There may be potential to reinstate an access to
Internal Width 11'7" the first floor and convert it to residential, subject to
Shop & Built Depth 38'10" planning and possession.
WC
Basement – Not inspected Note 2: The lessee also occupies the adjoining property
First Floor – Not inspected (No. 84) which is not included in the sale.
£7,500 per annum VENDOR’S SOLICITORS
Midwinters Solicitors - Tel: 01242 514674
Ref: G. Gregory - Email: gareth.gregory@midwinters.co.uk
The Surveyors dealing with this property are
JONATHAN ROSS and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE
12 The successful Buyer will be liable to pay the Auctioneers an administration
* Refer to Points 9 & 10 in the ‘Notice to all Bidders’ page. fee of £750 (including VAT) upon exchange of contractsLOT
2 301 North End Road, *Reserve below
West Kensington, £400,000
London W14 9NS 6 WEEK COMPLETION
SITUATION PROPERTY
Located close to the junction with Lillie Road in this highly A mid terrace building comprising a Ground Floor Shop
sought after residential area and amongst such occupiers as and Basement with separate rear access via a service road to
William Hill, Paddy Power, H & T Pawnbrokers, Superdrug 3 Self-Contained Flats on the upper floors.
and a Holiday Inn Express as well as a variety of established
local traders and restaurants. VAT is NOT applicable to this Lot
Fulham Broadway, with its host of varied and multiple
retailers, lies less than ½ mile away and West Brompton FREEHOLD
Station (District and Main Line) is within close proximity.
TENANCIES & ACCOMMODATION
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks
Ground Floor Ground Floor Shop K.Chaudry 25 years from £25,000 FRI
Shop and (20 covers) (Peri-Peri 28th March 2014 Rent Reviews 2019 and
Basement Gross Frontage 18'2" Chicken 5 yearly
Internal Width 15'6" Restaurant/
Shop Depth 40'6" Take-Away)
Built Depth 57'8"
WC & external Lean-to
Basement
Area Approx. 885 sq ft
Plus Store, Bathroom/WC & sep. WC
Vault Approx. 70 sq ft
First Floor Not Inspected 2 Individuals 99 years from £150 FRI
(Flat 1) 1st July 2001 Rent rising every 33 years.
Valuable Reversion 82½ years.
Second Floor Not Inspected Individual 189 years from Peppercorn FRI
(Flat 2) 1st July 2001
Third Floor Not Inspected 2 Individuals 189 years from £250 FRI
(Flat 3) 1st July 2001
TOTAL £25,400
£25,400 per annum VENDOR’S SOLICITORS
Karis Spyris LLP – Tel: 020 8443 7079
Ref: T. Spyris – Email: terry@karisspyris.co.uk
The Surveyors dealing with this property are
JONATHAN ROSS and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE
The successful Buyer will be liable to pay the Auctioneers an administration 13
* Refer to Points 9 & 10 in the ‘Notice to all Bidders’ page. fee of £750 (including VAT) upon exchange of contractsLOT
3 3 Market Street, *Reserve below
Hailsham, £170,000
East Sussex BN27 2AA 6 WEEK COMPLETION
SITUATION PROPERTY
Occupying a prominent trading position in the main town An attractive semi-detached building comprising a Ground
thoroughfare at the junction with High Street, opposite Floor Bank with Basement plus separate side access via a
Lloyds Bank and amongst other multiples as Poundland, front passageway to 2 Self-Contained Flats on the first and
Iceland, Natwest Bank, Nationwide, Costa Coffee and a second floors.
variety of local traders as well as being anchored by a large
Asda and Tesco with free public parking. VAT is NOT applicable to this Lot
Hailsham is an attractive Sussex town approx. 6½ miles north
of Eastbourne and benefits from good road links via the A22, FREEHOLD
A27 and A295.
TENANCIES & ACCOMMODATION
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks
Ground Floor Ground Floor Bank Barclays Bank PLC 10 years from £16,625 FRI
Bank & Gross Frontage 28'9" (T/O for Y/E 25th December 2012 Rent Review
Basement Internal Width 25'8" 31/12/16 £27.2bn, December 2017
Bank Depth 51'8" Pre-Tax Profit Note: The lessee did
Built Depth 102'4" £4.38bn and not operate their
Banking Hall/Ancillary Area Approx. 2,165 sq ft Shareholders’ Funds December 2017 Break
Ladies & Gents WC’s £67.4bn) Clause.
Basement Storage Area Approx. 405 sq ft
First Floor Flat 3 Bedrooms (one with ensuite), Living Room, Cheesman and 125 year lease from £100 FRI
Kitchen/Diner, Study Area, Shower Room/WC Newington Ltd completion Rent rises by £100
every 25 years.
Second Floor 2 Bedrooms, Living Room, Kitchen/Diner, Cheesman and 125 year lease from £100 FRI
Flat Shower Room/WC Newington Ltd completion Rent rises by £100
every 25 years.
TOTAL £16,825
JOINT AUCTIONEERS
Maltbys, 20 Parkhurst Road, Bexhill-on-Sea,
East Sussex TN40 1DF Tel: 01424 730 678 Ref: A. Maltby
£16,825 per annum VENDOR’S SOLICITORS
Monro Wright & Wasbrough LLP - Tel: 020 7407 7001
The Surveyors dealing with this property are Ref: T. Wilkinson - Email: thom.wilkinson@mww-llp.com
JONATHAN ROSS and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE
14 The successful Buyer will be liable to pay the Auctioneers an administration
* Refer to Points 9 & 10 in the ‘Notice to all Bidders’ page. fee of £750 (including VAT) upon exchange of contractsLOT
4 56 Chetwynd Road, *Reserve below
Kentish Town, £300,000
London NW5 1DJ ON BEHALF OF TRUSTEES
6 WEEK COMPLETION
SITUATION ACCOMMODATION
Occupying a prominent corner position at the junction with Ground Floor Fish Restaurant
Twisden Road, amongst a variety of boutique and Gross Frontage 30'0" (including return)
independent retailers as well as branches of Village Vet and Internal Width 17'0"
Benham & Reeves, all serving this affluent residential narrowing at rear to 15'6"
suburb. Shop Depth 59'3"
Located only a few minutes walk from Parliament Hill Fields Plus Rear Kitchen and WC
and within easy reach of both Tufnell Park Underground
Station (Northern Line) and Kentish Town with its multiple
shopping and transport facilities, whilst being only 3 miles TENURE
from the West End. Leasehold for a term of 99 years from 25th March 1985
(thus having 66¼ years unexpired) at a ground rent of
£100 p.a. rising by £100 every 33 years.
PROPERTY
Forming part of an end of terrace building comprising a
Ground Floor Fish Restaurant (having 40 covers). In TENANCY
addition, the property benefits from separate side access on The property is let on a full repairing and insuring lease
Twisden Road for deliveries to the rear of the building. (excluded from sections 24-28 of the L&T Act 1954) to
Lure Foods LLP trading as Lure Fish Kitchen for a term
from 31st July 2013 to 24th December 2032 at a rent of
VAT is NOT applicable to this Lot £24,000 per annum exclusive (from 25th December 2017).
Rent Review 2022 with minimum uplift to £29,000 p.a.
£24,000 per annum VENDOR’S SOLICITORS
Harbottle & Lewis - Tel: 020 7667 5000
Ref: L. Marino - Email: leo.marino@harbottle.com
The Surveyors dealing with this property are
JOHN BARNETT and JOSHUA PLATT FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE
The successful Buyer will be liable to pay the Auctioneers an administration 15
* Refer to Points 9 & 10 in the ‘Notice to all Bidders’ page. fee of £750 (including VAT) upon exchange of contractsLOT
5 9–10 St Thomas Street, *Reserve below
Weymouth, £220,000
Dorset DT4 8EW 6 WEEK COMPLETION
SITUATION VAT is NOT applicable to this Lot
Occupying a prime retail pitch in this pedestrianised section
of the town centre, diagonally opposite Specsavers and The FREEHOLD
Body Shop and close to branches of Lloyds Bank, The Post
Office, New Look, WH Smith, Boots and Caffe Nero and
only a minute’s walk from The Esplanade and the Beach.
Weymouth is a popular and attractive South Dorset coastal
resort, which benefits from high levels of tourism in the
summer months and enjoys good road access from the A35
via the A354.
PROPERTY
A mid terrace building comprising a Ground Floor Double
Shop (with A3 Use) with separate front access to 3 Self-
Contained Flats on the first and second floors.
TENANCIES & ACCOMMODATION
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks
Ground Floor Gross Frontage 42'1" N. Kaminski 5 years from £25,000 FRI
Double Shop Internal Width 34'1" (Ice Cream & 17th March 2017 Rent Review & Tenant’s
(Seats 65) Shop Depth 40'5" Dessert Lounge) Break 2020.
Built Depth 54'0" £6,250 Rent Deposit held.
Sales Area Approx. 1,340 sq ft
Store Area Approx. 435 sq ft
2 WC’s
First & Second 3 Flats – Not inspected Various Each 125 years from £750 Each FRI
Floors 1st January 2017 (£250 per flat) Rent Reviews 10 yearly
(3 Flats) subject to RPI
TOTAL £25,750
£25,750 per annum
The Surveyors dealing with this property are
JONATHAN ROSS and ELLIOTT GREENE
16
* Refer to Points 9 & 10 in the ‘Notice to all Bidders’ page.9–10 St Thomas Street,
Weymouth,
LOT
5
Dorset DT4 8EW
The Property
Copyright and confidentiality Experian, 2017. © Crown copyright and database rights 2017. OS 100019885.
VENDOR’S SOLICITORS
Aldridge Brownlee – Tel: 01202 527008
Ref: M. Gill – Email: michael.gill@absolicitors.com
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE
The successful Buyer will be liable to pay the Auctioneers an administration 17
fee of £750 (including VAT) upon exchange of contractsLOT
6 Ground Rent consisting of *Without Reserve
103 houses and land in BY ORDER OF EXECUTORS
6 WEEK COMPLETION
Bolton, Lancashire
6 WEEK COMPLETION
Copyright and confidentiality Experian, 2017. © Crown copyright and database rights 2017. OS 100019885.
PROPERTY
A single ground rent that is on approximately 2.85 acres of
land and comprises of over 100 houses and land in Bolton,
Lancashire.
VAT is NOT applicable to this Lot
FREEHOLD
TENANCIES & ACCOMMODATION
Property Lease Expiration Years Unexpired Annual Rent Remarks
Park Road, 30/07/2889 873 £235.70 103 houses with land
Spa Road,
Mayor Street,
Charles Helda Street,
Tavistock Road and
Gilnow Grove
£235.70 per annum VENDOR’S SOLICITORS
Ms Alison Sandler - Tel: 020 8906 4411
Lawrence House, Goodwyn Avenue, London NW7 3RH
The Surveyors dealing with this property are
JOHN BARNETT and JOSHUA PLATT FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE
18 The successful Buyer will be liable to pay the Auctioneers an administration
* Refer to Points 9 & 10 in the ‘Notice to all Bidders’ page. fee of £750 (including VAT) upon exchange of contractsLOT
7 23 Ashton Road, *Reserve below
Denton, £60,000
Greater Manchester M34 3LF (GROSS YIELD 12.3%)
6 WEEK COMPLETION
SITUATION ACCOMMODATION
Located close to the junction with Manchester Road with Ground Floor Shop
nearby occupiers such as Lidl, Coral, Morrisons, TSB, Gross Frontage 14'11"
William Hill, and RBS. Internal Width 13'10"
Denton is a historic town in Manchester situated 5 miles east Shop Depth 37'2"
of the city centre benefitting from excellent road links being Built Depth 56'9"
a few hundred yards from the M67 (Junction 1a) and under a Sales Area Approx. 510 sq ft
mile from the M60 (Junction 24). First Floor
Ancillary/Storage Area Approx. 425 sq ft
PROPERTY
A mid terraced building comprising a Ground Floor Shop TENANCY
with internal access to Ancillary/Storage at first floor level. The entire property is let on a full repairing and insuring lease
In addition, the property benefits from use of a rear service to John Paul Wood t/a as Clarity’s (Hairdressers having 2
road. branches) for a term of 15 years from 25th December 2008 at
a current rent of £7,400 per annum exclusive.
VAT is NOT applicable to this Lot Rent Review and Tenant’s Break December 2018
Note: The Tenant did not operate his 2013 Break Clause.
FREEHOLD
£7,400 per annum VENDOR’S SOLICITORS
Fraser Brown - Tel: 0115 988 8712
Ref: G. Green - Email: ggreen@fraserbrown.com
The Surveyors dealing with this property are
JOHN BARNETT and ELLIOTT GREENE FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE
The successful Buyer will be liable to pay the Auctioneers an administration 19
* Refer to Points 9 & 10 in the ‘Notice to all Bidders’ page. fee of £750 (including VAT) upon exchange of contractsLOT
8 Commercial Ground Rent *Without Reserve
Portfolio in the North of England BY ORDER OF EXECUTORS
6 WEEK COMPLETION
Dungeon Inn, Tottington Balmoral Hotel, Bolton
22–30 Higher Market Street, Farnworth 22–30 Higher Market Street, Farnworth
PROPERTY VAT is NOT applicable to this Lot
A portfolio of Freehold Commercial Ground Rents all let on
999 year leases, comprising of 10 Shops with Upper Parts, FREEHOLD (Including 1 Chief Rent)
1 Garage with Premises, 2 Public Houses and 2 terraced
houses.
TENANCIES & ACCOMMODATION
Property Town Lease Expiration Years Unexpired Annual Rent Remarks
Balmoral Hotel, 94 Bradshawgate, Bolton, Bolton 11/11/2873 857 £161.25 1 Commercial Public House
BL1 1QQ
22-30 Higher Market Street, Farnworth, Bolton 30/06/2870 854 £23.75 5 Shops with Uppers
Bolton, BL4 9AJ
258 Chorley Old Road, Bolton, BL1 4JL Bolton 31/10/2892 876 £7.35 1 Shop with Upper - Chief Rent
Herrington Burn Garage, Durham 19/02/2830 814 £2 1 Garage with Premises
Houghton Le Spring, Durham DH4 4JW
The Dungeon Inn, Turton Road, Tottington 28/09/2870 854 £6 1 Commercial Public House
Tottington, Bury BL8 4AW incl. 2 adjoining terraced houses
168-172 & 170b High Street West, Wallsend 10/09/2881 865 £9 4 Shops with Uppers
Wallsend, NE28 8HZ
TOTAL £209.35
£209.35 per annum VENDOR’S SOLICITORS
Ms Alison Sandler - Tel: 020 8906 4411
Lawrence House, Goodwyn Avenue, London NW7 3RH
The Surveyors dealing with this property are
JOHN BARNETT and JOSHUA PLATT FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE
20 The successful Buyer will be liable to pay the Auctioneers an administration
* Refer to Points 9 & 10 in the ‘Notice to all Bidders’ page. fee of £750 (including VAT) upon exchange of contractsLOT
9 152 Cat Hill, *Reserve below
Cockfosters, £500,000
Hertfordshire EN4 8HU BY ORDER OF EXECUTORS
6 WEEK COMPLETION
SITUATION ACCOMMODATION (measurements to maximum points)
Located in this popular residential area close to the junction
with Freston Gardens just a short walk to Cockfosters and Ground Floor
East Barnet shopping facilities and close to the open greens Reception Room 1 13'3" × 14'7"
of Oak Hill Park and Trent Park. Reception Room 2 11'8" × 15'8"
Cockfosters is a sought after north London suburb located Morning Room 8'0" × 8'9"
some 10 miles north of central London with excellent local Kitchen 8'2" × 9'6"
schools and enjoying good transport links via Cockfosters Conservatory 5'9" × 3'3"
Underground Station (Piccadilly Line), Oakleigh Park Railway WC
Station (Great Northern) as well as easy access to the A406
North Circular Road and the M25 (Junction 24). First Floor
Bedroom 1 13'4" × 15'0"
Bedroom 2 11'8" × 16'0"
PROPERTY Bedroom 3 8'3" × 10'10"
Comprising an unmodernised 3 Bed Semi-Detached House Bathroom 6'0" × 5'5"
planned on ground and first floors. The property benefits WC
from gas central heating (not tested), a Garage, off-street
parking plus Rear Garden. GIA Approx. 1,200 sq ft plus Garage
VAT is NOT applicable to this Lot FREEHOLD offered with VACANT POSSESSION
Note: Floor Plan available from the Auctioneers.
Vacant 3 Bed House VENDOR’S SOLICITORS
Macrory Ward Solicitors – Tel: 020 8440 3258
Ref: Ms Margaret Iwasyszyn – Email: margaret@macroryward.co.uk
The Surveyors dealing with this property are
JOHN BARNETT and ELLIOTT GREENE FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE
The successful Buyer will be liable to pay the Auctioneers an administration 21
* Refer to Points 9 & 10 in the ‘Notice to all Bidders’ page. fee of £750 (including VAT) upon exchange of contractsLOT
10 444 Hoe Street, *Reserve below
Walthamstow, £400,000
London E17 9AH 6 WEEK COMPLETION
SITUATION
Located near the junction with Boundary Road, the property
The Property
occupies a prominent trading position amongst a variety of local
retailers.
Walthamstow is less than 2½ miles from Stratford, which is the home
of the Olympic Park, London Stadium and Westfield Shopping
Centre. In addition, the area benefits from good transport links via
Walthamstow Central (Victoria Line & Overground) having a 15
minute travel time to King’s Cross St. Pancras.
PROPERTY
A mid-terraced building comprising a Ground Floor Shop and Rear
Garden with separate front entrance to a Self-Contained Flat at
first and second floor level.
VAT is NOT applicable to this Lot
FREEHOLD
TENANCIES & ACCOMMODATION
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks
Ground Floor Gross Frontage 15'9" M. Chergie Monthly Agreement £12,000
Shop Internal Width 15'0" (max) (Sub-let as a from 11th March 2009
Shop & Built Depth 57'11" Barbers)
WC
First & Second 3 Bedrooms, Living Room, Kitchen, 3 Individuals 6 months (less 1 day) £16,800 AST
Floor Flat Bathroom, sep. WC from 7th October 2017 £1,400 Rent Deposit held.
(GIA Approx. 1,015 sq ft)
TOTAL £28,800
£28,800 per annum VENDOR’S SOLICITORS
Sookias & Sookias – Tel: 020 7465 8000
Ref: B. Lipson – Email: bryan.lipson@sookias.co.uk
The Surveyors dealing with this property are
JONATHAN ROSS and ELLIOTT GREENE FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE
22 The successful Buyer will be liable to pay the Auctioneers an administration
* Refer to Points 9 & 10 in the ‘Notice to all Bidders’ page. fee of £750 (including VAT) upon exchange of contractsLOT
11 12-16 Church Street, *Reserve below
Esher, £450,000
Surrey KT10 8QS 6 WEEK COMPLETION
SITUATION
Interior of Shop
Located close to the junction with the High Street amongst multiples
such as the Everyman Cinema, Zizzi, Pizza Express, Waitrose,
Côte Brasserie, Boots as well as a variety of local retailers.
Esher is an affluent market town approx. 13 miles south-west of
central London and is the home of the famous Sandown Park
Racecourse.
PROPERTY
An attractive end of terrace building comprising a Ground Floor
Shop with separate front and side access to 4 Self-Contained Flats
on part ground, first and second floors.
VAT is NOT applicable to this Lot
FREEHOLD
TENANCIES & ACCOMMODATION
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks
Ground Floor Gross Frontage 32’11’’ Surrey Hills 10 years from £32,000 FRI
Shop Internal Width 24’8’’ Fireplaces Ltd 22nd December 2014 Rent Review and Tenant’s Break
Shop Depth 33’0’’ (with 2 guarantors) 2019
Kitchen
WC
Part Ground, 4 Flats - Not Inspected Various Each 125 years from £1,000 Each FRI
First and 1st January 2015 (£250 per flat) Rent doubles every 25 years.
Second Floor
TOTAL £33,000
Note: In accordance with Section 5A of the L & T Act
1987, Notices were served on the lessees and they
did not reserve their rights of first refusal.
£33,000 per annum VENDOR’S SOLICITORS
Moore Blatch - Tel: 020 3192 5665
Ref: C.Leary - Email: callum.leary@mooreblatch.com
The Surveyors dealing with this property are
JOSHUA PLATT and NICHOLAS LEIGH FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE
The successful Buyer will be liable to pay the Auctioneers an administration 23
* Refer to Points 9 & 10 in the ‘Notice to all Bidders’ page. fee of £750 (including VAT) upon exchange of contractsLOT
12 45/47 Seamoor Road, *Reserve below
Westbourne, Bournemouth, £500,000
Dorset BH4 9AE 6 WEEK COMPLETION
SITUATION PROPERTY
Occupying a busy trading position on one of the town’s main retail A mid terrace building comprising a Ground Floor Double Shop and
thoroughfares, close to the junction with Poole Road, sitting amongst a Basement with separate front access to 5 Self-Contained Flats on the
variety of local cafés, eateries, estate agents as well as Marks & Spencer first and second floors.
Foodhall, Café Rouge, Coral, Costa, HSBC and many other traders all
serving the surrounding residential area. VAT is NOT applicable to this Lot
Westbourne is a suburb of Bournemouth which is a popular seaside resort
on the south coast, approx. 3½ miles east of Poole and 25 miles south- FREEHOLD
west of Southampton.
TENANCIES & ACCOMMODATION
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks
Ground Floor Ground Floor Double Shop W S Retail Ltd 15 years from £39,000 FRI
Double Shop Gross Frontage 36'10" (Convenience Store 4th September 2012 Rent Reviews 2018
& Basement Internal Width 30'5" - see Tenant Profile) and 3 yearly.
widening to 34'0" Tenant’s Break
Shop Depth 61'9" 2022.
Area Approx. 2,050 sq ft
Basement
Area Approx. 1,150 sq ft plus 2 WC’s
Total Area Approx. 3,200 sq ft
First & Second 5 Flats – Not inspected Various Each for a term £600 Each FRI
Floor between 120 and Rents rise
125 years from periodically – refer
between 1998 & 2006 to leases.
TOTAL £39,600
TENANT PROFILE
W S Retail Ltd trade under the ‘Central Convenience Stores’, ‘Central Garage
Forecourt’ and ‘Central Newsagent’ brands operating from over 107 managed
stores and 21 franchised stores. In addition, the tenant has advised they are
£39,600 per annum adding around 30 managed stores a year.
For Y/E 02/04/16 W S Retail Ltd reported a T/O of £54.98m, Pre-Tax Profit
The Surveyors dealing with this property are £805,000 and Shareholders’ Funds £500,000. The ultimate Parent Company is
STEVEN GROSSMAN and JONATHAN ROSS Palmer & Harvey (Holdings) Plc.
24
* Refer to Points 9 & 10 in the ‘Notice to all Bidders’ page.45/47 Seamoor Road,
Westbourne, Bournemouth,
LOT
12
Dorset BH4 9AE
View along Seamoor Road
Copyright and confidentiality Experian, 2017. © Crown copyright and database rights 2017. OS 100019885.
VENDOR’S SOLICITORS
Newstead & Walker - Tel: 01943 461 414
Ref: R. Meadows - Email: robert.meadows@newsteadwalker.co.uk
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE
The successful Buyer will be liable to pay the Auctioneers an administration 25
fee of £750 (including VAT) upon exchange of contractsLOT
13 The Flying Standard, *Reserve below
2-10 Trinity Street, Coventry, £475,000
West Midlands CV1 1FL GROUND RENT INVESTMENT
6 WEEK COMPLETION
SITUATION ACCOMMODATION
In the heart of the city centre, occupying a prominent position Ground Floor Public House
on the corner of New Buildings, by the pedestrian entrance Gross Frontage 149'2"
to the Cathedral Quarter which contains many of Coventry’s Internal Width 128'5"
most popular tourist attractions including Coventry Pub Depth 56'2"
Cathedral, St. Mary’s Guildhall and Holy Trinity Church. Also Built Depth 70'1"
ideally located for the city’s central Shopping Quarter, the
property is directly opposite Primark and West Orchards GIA Approx. 5,220 sq ft
Shopping Centre and amongst many multiples including
Nando’s, McDonald’s, KFC, Wilko, Greggs, Ladbrokes First Floor Public House
and Sainsbury’s whilst being within a ¼ of a mile of Coventry Seating/Bar/Beer Store
University. Ladies & Gents WCs
Coventry is a major commercial city located some 18 miles
east of Birmingham, 9 miles north of Warwick and enjoying GIA Approx. 3,730 sq ft
easy access to the M6 (Junctions 2 and 3).
Second Floor
2 Flats:
PROPERTY Each 2 Bedrooms, Living Room,
An attractive medieval style building comprising a Large Kitchen, Bathroom/WC
Public House planned on ground and first floors with internal
access to 2 Self-Contained Flats plus Ancillary Ancillary Accommodation incl.
Accommodation on the second floor. In addition the Staff changing room and
property benefits from a Roof Terrace on the first floor. dining room plus storage
GIA Approx. 3,220 sq ft
Total GIA Approx. 12,170 sq ft
£16,000 per annum Plus 685 sq ft Roof Terrace
The Surveyors dealing with this property are
JONATHAN ROSS and ELLIOTT GREENE
26
* Refer to Points 9 & 10 in the ‘Notice to all Bidders’ page.The Flying Standard,
2-10 Trinity Street, Coventry,
LOT
13
West Midlands CV1 1FL
View from Trinity Street
The Property
VAT is NOT applicable to this Lot
FREEHOLD
TENANCY
The entire property is let on a full repairing and insuring lease
to K/S Coventry, England (a company incorporated in
Denmark) (Sublet to J.D. Wetherspoon - having over 900
branches) for a term of 125 years from 8th January 1999 at a
current rent of £16,000 per annum exclusive.
Rent Reviews in January 2019 and 5 yearly, geared to 9%
of Rack Rental Value (upward only).
VENDOR’S SOLICITORS
Penningtons Manches LLP - Tel: 020 7753 7814
Ref: Ms. Josepha Horne - Email: josepha.horne@penningtons.co.uk
© CROWN COPYRIGHT. All rights reserved. Licence number 100040809 – Plan not to scale
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE
The successful Buyer will be liable to pay the Auctioneers an administration 27
fee of £750 (including VAT) upon exchange of contractsLOT
14 280 High Street, *Reserve below
Bangor, £85,000
Gwynedd LL57 1UL (GROSS YIELD 14.1%)
View opposite Property
SITUATION
Occupying a prominent trading position within the heart of the
pedestrianised town centre, opposite H&M, JD Sports and Boots
which form part of the Menai Centre. Other nearby multiple retailers
include Costa Coffee, Caffè Nero, Poundland, Peacocks, William
Hill, Greggs and WH Smith. Bangor is a University City and provides
the gateway to Anglesey and Ogwen Valley and being approx. 20
miles west of Colwyn Bay.
PROPERTY
A mid terrace building comprising a Ground Floor Shop with separate
rear access to 2 Self-Contained Flats on the first and second floors.
VAT is NOT applicable to this Lot
FREEHOLD
Copyright and confidentiality Experian, 2017. © Crown copyright and database rights 2017. OS 100019885.
TENANCIES & ACCOMMODATION
Property Accommodation1 Lessee & Trade Term Ann. Excl. Rental Remarks
Ground Floor Internal Width 16'5" C. Davey 5 years from £12,000 Effectively FRI
Shop Shop Depth 43'11" (Stuffed Teddy Bear 27th October 2017 £3,000 Rent Deposit
Sales Area Approx. 723 sq ft Workshop) held.
Storage Area Approx. 270 sq ft (Having 2 branches)
WC
First & Second 2 Flats - Not inspected K. Goatcher 999 years from Peppercorn FRI
Floors 8th August 2017
TOTAL £12,000
¹ Not inspected by Barnett Ross.
Areas and measurements provided by Vendor.
Note: Completion on 29th January 2018. VENDOR’S SOLICITORS
Axiom Stone - Tel: 020 8951 6984
Ref: Ms Jaymini Ghelani - Email: jg@axiomstone.co.uk
The Surveyors dealing with this property are
STEVEN GROSSMAN and JONATHAN ROSS FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE
28 The successful Buyer will be liable to pay the Auctioneers an administration
* Refer to Points 9 & 10 in the ‘Notice to all Bidders’ page. fee of £750 (including VAT) upon exchange of contractsLOT
15 Commercial Ground Rent *Without Reserve
Portfolio in BY ORDER OF EXECUTORS
6 WEEK COMPLETION
Oldham, Lancashire (A)
62–66 Yorkshire Street 124–130 Yorkshire Street
92–94 Yorkshire Street 112–122 Yorkshire Street
PROPERTY VAT is NOT applicable to this Lot
A portfolio of Freehold Commercial Ground Rents all let on
999 year leases, comprising of over 30 shops with upper parts FREEHOLD
within the same vicinity. This portfolio includes additional
commercial units in the same postcode.
TENANCIES & ACCOMMODATION
Property Lease Expiration Years Unexpired Annual Rent Remarks
102–104 Yorkshire Street, Oldham, OL1 1ST 31/08/2831 815 £52.72 2 Shops with Uppers
112–122 Yorkshire Street, Oldham, OL1 1ST 02/08/2867 851 £54.17 6 Shops with Uppers
124–130 Yorkshire Street, Oldham, OL1 1ST 29/04/2820 804 £7.02 4 Shops with Uppers
145/145A, 147–151 Union Street, Oldham, OL1 1TD 19/05/2860 843 £69.10 9 Shops with Uppers
153–161 Union Street, Oldham, OL1 1TD 31/07/2773 756 N/A 5 Shops with Uppers
62–66 Yorkshire Street, Oldham, OL1 1ST 30/04/2824 808 £25.30 3 Shops with Uppers
68–78 Yorkshire Street, Oldham, OL1 1ST 31/10/2852 836 £9.30 6 Shops with Uppers
80 Yorkshire Street, Oldham, OL1 1ST 08/06/2848 832 £14.13 1 Shop with Upper
86–90 Yorkshire Street & 2 Hardcastle Street, Oldham, OL1 1ST 29/04/2835 819 £12.27 3 Shops and 1 Commercial Unit
92–94 Yorkshire Street, Oldham, OL1 1ST 16/06/2834 818 £7.54 2 Shops with Uppers
96–100 Yorkshire Street, Oldham, OL1 1ST 26/10/2833 817 £11.14 3 Shops with Uppers
TOTAL £262.69
£262.69 per annum VENDOR’S SOLICITORS
Ms Alison Sandler – Tel: 020 8906 4411
Lawrence House, Goodwyn Avenue, London NW7 3RH
The Surveyors dealing with this property are
JOHN BARNETT and JOSHUA PLATT FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE
The successful Buyer will be liable to pay the Auctioneers an administration 29
* Refer to Points 9 & 10 in the ‘Notice to all Bidders’ page. fee of £750 (including VAT) upon exchange of contractsLOT
16 2c/d/e Rainbow Street, *Reserve below
Leominster, £100,000
Herefordshire HR6 8DQ (GROSS YIELD 12%)
6 WEEK COMPLETION
SITUATION PROPERTY
Located close to the junction with West Street and being A mid terraced building comprising 2 Ground Floor Shops
within a few hundred yards of the High Street within the town (one used as an office) with separate front access to a
centre. Nearby multiple retailers include Halifax, Martins, Self-Contained Flat on the first floor (see Note 1).
Specsavers, Spar, Sue Ryder and Scrivens. There is also a
Public Car Park nearby. VAT is NOT applicable to this Lot
Leominster is an attractive and historic market town which
lies approximately 15 miles north of Hereford and 22 miles FREEHOLD
west of Kidderminster.
Note 1: A flat in the adjoining property (No. 2B1 Rainbow
Street) has just been sold for £75,000.
TENANCIES & ACCOMMODATION
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks
No. 2c Internal Width 9'11" L. Cleaver 3 years from £3,500 FRI
(Shop) widening to 12'10" (Gold Exchange) 1st January 2015 Note 2: A new 3 year lease
Shop Depth 19'3" (In occupation for from 1st January 2018 at
Built Depth 25'8" approx. 6 years – £3,500 p.a. has been
Kitchenette, WC see Note 2) completed.
No. 2e Internal Width 10'4" Cockett & Company 5 years from £4,000 FRI
(Shop used as widening to 15'10" Ltd 1st January 2013 Note 3: A new 5 year lease
office) Shop & Built Depth 41'3" (with personal (In occupation for over at £4,000 p.a. rising to
Kitchenette, WC guarantor) 10 years – see Note 3) £4,500 from 2021 has been
(Chartered completed.
Accountants)
No. 2d Not inspected – 1 Bedroom, Individual 6 months from £4,500 AST.
(First Floor Living Room, Kitchen, Bathroom/WC 20th November 2016 Holding over.
Flat) (GIA Approx. 473 sq ft¹)
¹Area provided by Vendor TOTAL £12,000
JOINT AUCTIONEERS
Barbers, 1 Church Street, Wellington, Telford TF1 1DD
Tel: 020 7405 4631 – Ref: S. Beedles
£12,000 per annum VENDOR’S SOLICITORS
W T Jones – Tel: 020 7405 4631
The Surveyors dealing with this property are Ref: P. Hambleton – Email: pch71@aol.com
JOHN BARNETT and STEVEN GROSSMAN FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE
30 The successful Buyer will be liable to pay the Auctioneers an administration
* Refer to Points 9 & 10 in the ‘Notice to all Bidders’ page. fee of £750 (including VAT) upon exchange of contractsLOT
17 8 Cole Street, *Without Reserve
Scunthorpe,
North Lincolnshire DN15 6QZ 6 WEEK COMPLETION
SITUATION TENURE
Located in the pedestrianised centre of the town and being Leasehold for a term of 999 years from 2nd June 2005
on the link road between High Street and The Parishes. (thus having approx. 986 years unexpired) at a
Nearby multiple retailers include Cash Generator, CEX, peppercorn ground rent.
Primark, F. Hinds, New Look, JD Sports, HSBC etc.
Scunthorpe lies some 30 miles south-west of Hull, 20 miles TENANCY
east of Doncaster and benefits from good road access via the The property is let to Fallen Hero (in administration and
A159 and M180. not in occupation) at £90,000 per annum exclusive.
No rent has been received since June 2014, although the
PROPERTY lease remains in place.
A mid terraced building comprising a Deep Ground Floor
Retail Unit with Sales/Ancillary on the first floor. In addition, Note: Vacant Possession may be available – refer to
the property benefits from rear service access. Special Conditions.
ACCOMMODATION1 View from the Property
Ground Floor Retail Unit
Internal Width 29'3"
Shop Depth 119'5"
Area Approx. 3,394 sq ft
First Floor Sales/Ancillary
Area Approx. 5,887 sq ft
Total Area Approx. 9,281 sq ft
¹Not inspected by Barnett Ross. Areas and measurements supplied by Vendor.
VAT is applicable to this Lot
VENDOR’S SOLICITORS
Freemans – Tel: 020 7935 3522
Ref: H. Freeman – Email: hf@freemanssolicitors.net
The Surveyors dealing with this property are
STEVEN GROSSMAN and JONATHAN ROSS FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE
The successful Buyer will be liable to pay the Auctioneers an administration 31
* Refer to Point 9 in the ‘Notice to all Bidders’ page fee of £750 (including VAT) upon exchange of contractsLOT
18 52/54 Burlington Road, *Reserve below
New Malden, £800,000
Surrey KT3 4NU POTENTIAL DEVELOPMENT SITE
6 WEEK COMPLETION
SITUATION ACCOMMODATION
In a popular residential area within ½ mile of New Malden Site Frontage 55'2"
Station (Main Line) and within a short walking distance of the Site Depth 103'5"
main shopping centre which includes multiples such as Site Area Approx. 5,684 sq ft
Nando’s, Paddy Power, Foxtons, Pizza Express and
Santander. Warehouse and Offices
GIA Approx. 2,276 sq ft¹ incl. 2 WCs
PROPERTY ¹Area supplied by Vendor
Comprising a post war detached ‘C’ shaped single storey
building used for warehousing and offices.
The front building connects internally with a larger section to VAT is NOT applicable to this Lot
the rear.
There is front parking for approx. 6 cars and access through
metal gates to additional parking to the rear for approx. 9 FREEHOLD
cars.
Potential
Development Site
The Surveyors dealing with this property are
JOHN BARNETT and JOSHUA PLATT
32
* Refer to Points 9 & 10 in the ‘Notice to all Bidders’ page.52/54 Burlington Road,
New Malden,
LOT
18
Surrey KT3 4NU
© CROWN COPYRIGHT. All rights reserved. Licence number 100040809 – Plan not to scale
TENANCY PLANNING
The entire property is let on a full repairing and insuring lease It is considered that the site would be suitable for
to L. E. Went Ltd (automotive paint and wood finishing residential development and plans (available from
distributors) for a term of 20 years from 16th November Auctioneers) have been drawn up for a new development
1990 at a current rent of £20,000 per annum exclusive. of a detached block of 9 flats as follows:
Note 1: The lessees are holding over. Floor Accommodation Size
Ground 3/4 bed / 2 bath 1,090 sq ft
Note 2: The lessees also trade from the adjoining Ground 3 bed / 2 bath 925 sq ft
property (No. 56) which is not included in the sale.
Ground 1 bed / 1 bath 550 sq ft
First 2 bed / 2 bath 820 sq ft
First 1 bed / 1 bath 550 sq ft
First 1 bed / 1 bath 550 sq ft
First 2 bed / 1 bath 650 sq ft
Second 2 bed / 2 bath 770 sq ft
Second 2 bed / 2 bath 665 sq ft
TOTAL 6,570 sq ft
Estimated GDV is approx. £3,613,500 based on sales of
the above flats at £550 psf.
Planning enquiries can be made to the Royal Borough of
Kingston upon Thames – Tel: 020 8547 5000.
VENDOR’S SOLICITORS
Ingram Winter Green – Tel: 020 7845 7408
Ref: M. Compton – Email: michaelcompton@iwg.co.uk
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE
The successful Buyer will be liable to pay the Auctioneers an administration 33
fee of £750 (including VAT) upon exchange of contractsLOT
19 Flat 2, 7 Chelsea Embankment, *Reserve below
Chelsea, £1,650,000
London SW3 4LF COMPLETION 5TH JANUARY 2018
SITUATION ACCOMMODATION
Located in this fashionable part of London, fronting the River Ground Floor
Thames and being only a ½ mile south of King’s Road which Dining Room 17'6" x 9'6"
hosts a large variety of shopping facilities and a vast amount Reception Room 22'0" x 17'8"
of cafés and eateries. Sloane Square Underground Station WC
(District & Circle Lines) is approx. ¾ mile distant with The Lower Ground Floor
Saatchi Gallery and National Army Museum being within Bedroom 1 17'6" x 13'8"
walking distance. Bedroom 2 12'10" x 9'9"
Kitchen 18'3" x 5'7"
PROPERTY Bathroom/WC
Forming part of an attractive Grade II Listed Building
comprising a Self-Contained 2 Bed Flat planned on the GIA Approx. 1,235 sq ft plus Private Rear Patio
ground and lower ground floors. The property benefits from
a Private Rear Patio and enjoys excellent views of the River Note: The Royal Borough of Kensington & Chelsea have
Thames. stated that various internal works to the Flat are required
– refer to legal pack for copy correspondence.
VAT is NOT applicable to this Lot
TENURE
Leasehold for a term of 999 years from 25th December
1981 at a current ground rent of £225 p.a. rising
PLUS SHARE OF FREEHOLD.
Offered with VACANT POSSESSION
Vacant 2 Bed Flat
The Surveyors dealing with this property are
NICHOLAS LEIGH and JONATHAN ROSS Entrance to Block
34
* Refer to Points 9 & 10 in the ‘Notice to all Bidders’ page.You can also read
