Next Auction:
12/12/2024
Lot 48
Lot 48
This substantial freehold building comprises of a ground floor lock up shop unit with three flats above. The shop premises have been sold off on a long lease with a peppercorn ground rent, as has the first floor flat that has been sold off on a long lease of 99 years from 1986 at a fixed ground rent of 50pa. The other two flats offer spacious accommodation and require a certain amount of updating and modernisation. These two flats are offered with full vacant possession will be of interest to investment buyers and due to the rear access may be more suitable to cash purchasers. The property is well located amongst a variety of local traders and within easy reach of Brent Cross shopping centre, the A406 North Circular Road and the M1 Motorway.
*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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