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FREEHOLD MIXED INVESTMENT BUILDING COMPRISING SHOP UNIT AND TWO SELF CONTAINED FLATS

Lot 22

159 Ryefield Avenue, Hillingdon,Middlesex UB10 9DA

Photo of 159 Ryefield Avenue, Hillingdon,Middlesex UB10 9DA
Sold for £280,000

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FREEHOLD MIXED INVESTMENT BUILDING COMPRISING SHOP UNIT AND TWO SELF CONTAINED FLATS

Lot 22

This end of terrace building situated on the ever popular Oak Farm estate within ½ mile of Hillingdon Metropolitan and Piccadilly Line Station consists of a ground floor lock up shop premises that has been trading as a food and wine shop although this part will be sold vacant. The property also includes a one bedroom flat to the ground floor at the rear and a one bedroom flat at first floor level. The flats both have double glazing and gas-fired central heating and are both let on Assured Shorthold Tenancies at 675 pcm each (8,100 pa) thus producing an overall income of 16,200 pa plus potential for additional income to be provided from the commercial part. The property forms part of a busy local parade that is surrounded by a number of residential units and will be of interest to investment purchasers.

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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.

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