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Lot 40
28 Blackbird Hill, Neasden, London NW9 8SD

  • Photo1

Sold After

6 Week completion

SITUATION

In this well-known main road location midway between the North Circular Road (A406) and Wembley and being in this densely populated residential area. Nearby multiple retailers include Lidl, Coral and Chicken Cottage.

PROPERTY

A mid terrace building comprising a Ground Floor Shop and Basement with separate front access to a Self-Contained Maisonette on the two upper floors. In addition, the property includes a Gated Private Yard for up to 8 vehicles accessed from a rear service road.

ACCOMMODATION

Ground Floor Shop
Gross Frontage 17'9"
Internal Width 14'7"
Shop Depth 19'5"
Built Depth 28'0"
Basement
Area Approx 245 sq ft plus WC
First & Second Floor Maisonette (not inspected)
4 Rooms, Kitchen, Bathroom/WC

VAT is NOT applicable to this Lot

FREEHOLD

TENANCY

The entire property is let on a full repairing and insuring lease to Killarney Motors Limited (with J. Lehane as Guarantor) as a car showroom for a term of 12 years from 1st July 2008 at a current rent of £11,000 per annum exclusive.

Rent Review July 2016 based on highest aggregate rentals (Outstanding).

Note 1: The Maisonette has been sublet on an AST at £12,000 p.a.

Note 2: There is potential to build a rear extension, subject to planning and possession.

*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.