Property Auction House and RICS Registered Valuer

Next Auction:
12/12/2024

Current Lots
Regulated by RICS
 

Lot 16

179 Ferndale Road, Brixton

Photo of 179 Ferndale Road, Brixton
Photo of 179 Ferndale Road, Brixton
Photo of 179 Ferndale Road, Brixton
Sold for £90,000

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Lot 16

This single storey end of terrace commercial unit is situated on the south side of Ferndale Road between Brixton Road and Pulross Road within this popular mixed residential and commercial area within the heart of Brixton close to the wide range of shopping facilities nearby, as well as Brixton main line and Underground (Victoria Line) stations. The property currently benefits from use as a mini cab/private hire office (Sui Generis) and will appeal to investors and developers. The property is being sold with full vacant possession upon completion.

ACCOMMODATION

The VOA lists the accommodation as:
Ground Floor; Retail Zone A: 82.28 sq ft (7.83 sq m).
Ground Floor; Internal storage: 17.33 sq ft (1.61 sq m).
Total Area: 101.61 sq ft (9.44 sq m).

PLANNING

Permission was applied for but refused under application No. 12/02118/FUL for the erection of a 3 storey extension above existing ground floor by way of demolishing the existing building and erecting a four storey building with ground floor shop and 3 stories above arranged as a 1 bedrom flat. It is understood that a more sympathetic application may be considered by the planning department although purchasers should rely on their own enquiries.
06/02410/FUL | Change of use from financial and professional services (Use Class A2) to a mini cab/private hire office (Sui Generis).

LOCAL AUTHORITY & TAX RATING

London Borough of Lambeth. Tel: 020 7926 1000
Rateable Value: £1,975

Viewing Times

By appointment through the Auctioneers

Enquiry Form

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Price Information

*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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Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

  • Buyers Premium of £600 inclusive of VAT
  • Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
  • Stamp Duty - rates easily available on-line
  • Your solicitor fees and any survey fees
  • Insurance - it is your responsibility from the date of exchange to insure the property purchased.

Floorplans

Floorplan of 179 Ferndale Road, Brixton

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