Next Auction:
13/2/2025
Lot 37
Lot 37
This virtual freehold investment consists of four lock-upshops, three of which are let to local covenants and oneunit being vacant. The properties occupy the ground floorof a building called Melville Court that consists of variousresidential flats and is located on a busy thoroughfare thatconnects Shepherds Bush to Hammersmith Broadway.The three let units are currently producing an overallincome of 23,240 pa and the small vacant unit in ouropinion has an estimated rental value of 4,000 pa. The letunits are all let on full repairing and insuring leases. Weunderstand that VAT is applicable to this lot.
*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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