Property Details - 52 Spring Grove Road, Hounslow, Middlesex

Photo of 52 Spring Grove Road, Hounslow, Middlesex

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Lot 8

This mid terraced double fronted building is arranged as two lock up shop units and two residential flats above. The building of brick construction under a pitched tiled roof is situated close to the A4 Bath Road and within one mile of Hounslow Town Centre. One of the shops has been sold off on a long lease with circa 121 years unexpired and ground rent of £100pa. One of the flats has also been sold off on a long lease with circa 90 years unexpired at a ground rent of £75pa. The rest of the building comprises of a self contained studio flat that is currently vacant and another lock up shop that is let on an annual licence at £5200 pa expiring end of May 2015. The property is sold with the benefit of the ongoing income and will be of interest to investment purchasers.

ACCOMMODATION

Shop at no.52 - Approximately 487sf
Shop at 52a - Sold on a long lease of 170 years from 10/06/75 at a ground rent of £100pa. Approximately 481sf
Flat at 52b - Sold on a long lease of 99 years from 22/07/05 at a ground rent of £75pa
Flat at 52c - Bedroom, Lounge/Kitchen, Shower Room.

TENURE

Freehold

LOCAL AUTHORITY & TAX RATING

London Borough of Hounslow 0208 583 2000
Flats at 52b & 52c - Both Council Tax Band A
Shop at 52 - Rateable Value £8000
Shop at 52a - Rateable Value £7600

VIEWING TIMES

Shop at the courtesy of the tenant.
Vacant Flat by appointment through the Auctioneers

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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.

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.

52 Spring Grove Road, Hounslow, Middlesex

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