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Lot 33

6 Week completion

SITUATION

Occupying a prominent trading position within this busy established parade, a short distance from Chessington North Main Line Station, and amongst such multiple traders as Sainsbury's Local, Martin McColls, William Hill, Boots and Paddy Power.
Chessington is an affluent residential area situated approximately 17 miles south-west of Central London benefiting from good transport links being just off the A3, a major route connecting London to the south coast.

PROPERTY

A mid terrace building comprising a Ground Floor Shop with separate rear access via a communal balcony to a Self-Contained Flat on the first and second floors. In addition, the property includes a Yard to the rear accessed from a rear service road.

ACCOMMODATION

Ground Floor Shop
Gross Frontage 18'4"
Internal Width 18'0"
Shop Depth 16'4"
Built Depth 48'3"
WC

First Floor Flat
Not Inspected - Believed to be 3 Bedrooms, Living Room, Kitchen, Bathroom/WC

VAT is applicable to this Lot

FREEHOLD

TENANCY

The entire property is let on a full repairing and insuring lease to M V Hamblin (t/a Chessington Veterinary Surgery) for a term of 15 years from 25th March 2007 at a current rent of £25,000 per annum exclusive.

Rent Review March 2017 (Outstanding)

*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 £1,500 including 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.

30/30a North Parade, Chessington, Surrey KT9 1QF