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Lot 21 Click here for addendum

In same family ownership for over 20 years
6 Week completion

SITUATION

Occupying a prominent main road corner position at the junction with Pattisson Road close to Costa Coffee, Screwfix, Leyland Paints and amongst a variety of specialist retailers and restaurants. The property serves the surrounding highly sought after residential area which includes Golders Green, Hampstead and Swiss Cottage, only 200 yards from the A41 Hendon Way and within easy reach of Brent Cross Shopping Centre.

PROPERTY

Comprising a Ground Floor Corner Shop with internal access to a Basement.

ACCOMMODATION

Ground Floor Corner Shop
Gross Frontage 17'0"
Return Window Frontage 10'5"
Internal Width (max) 16'7"
Shop Depth 34'8"
Built Depth 42'8"
WC
Basement
Storage/ Workroom Approx. 290 sq ft

VAT is NOT applicable to this Lot

TENURE

Leasehold for a term of 999 years from 24th March 1989 at a peppercorn ground rent.

TENANCY

The property is let on a full repairing and insuring lease to I. Mahward t/a NW Glass Ltd as a Glazier for a term of 12 years from 22nd October 2010 at a current rent of £12,000 per annum exclusive.

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,000 plus VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

386 Finchley Road, Childs Hill, London NW2 2HP