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Lot 22
30/31 Clerkenwell Green, Clerkenwell, London EC1R 0DU

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* Guide:

£3,000,000+

by order of trustees
IN SAME OWNERSHIP SINCE 1979
6 Week completion

SITUATION

Located close to the junction with Farringdon Lane within this attractive tree-lined square which comprises of a number of commercial and residential occupiers including media users and the Royal Philharmonic Orchestra.
Hatton Garden is less than ¼ mile away and the area is well served by good public transport routes being within close proximity to Farringdon Station (Main Line, Hammersmith & City, District and Metropolitan Lines) plus Crossrail to be in service from 2018.

PROPERTY

(Floor Plans available from Auctioneers)
There are 2 interconnecting buildings:
Front Building - Planned on Basement, Ground and 3 Upper Floors comprising a Restaurant, Kitchen, Offices and 2 Self-Contained Flats on the second and third floors.
Rear Building - Planned on Ground and 2 Upper Floors comprising a Restaurant and Offices.

In the Auctioneer's opinion the possibility exists of a future additional development above the rear flat roof that connects the two buildings.

VAT is NOT applicable to this Lot

FREEHOLD

TENANCIES & ACCOMMODATION

*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.