Property Details - 375-391 North Circular Road, Hanger Lane, London

Photo of 375-391 North Circular Road, Hanger Lane, London

Refer to Auctioneers

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In the same ownership for 60 years

Lot 8

This mixed used property comprises of a car showroom originally of 9 commercial units of which 6 are double units and 3 single units with hardstanding to the front, rear service road to 4 workshops and yard areas with own separate access to 9 self-contained flats above (8x1 & 1x2 bed) and advertising hoardings to both front and side elevations. Occupiers close by include a mixture of residential and commercial users with Shell petrol station occupying the corner site immediately adjoining the parade. Situated occupying an imposing site fronting onto the west side of North Circular Road with a slip road and parking directly outside between Great Central Way and Neasden Lane North (A4088) with access from Village way to the rear service road. The property has potential to develop the entire site or just the existing units to maximise the potential investment return with flat 375a showing the potential of converting the other 8 self-contained flats into 2 bedroom accommodation, subject to obtaining all necessary consents.

TENANCY SCHEDULE

Full details listed on the pdf

TENURE

Freehold

LOCAL AUTHORITY

London Borough of Brent 020 8937 1234

VIEWING TIMES

Strictly 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.

375-391 North Circular Road, Hanger Lane, London

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