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Lot 47 Click here for addendum

4 Week completion

SITUATION

Located in this town centre position, close to the junction with High Street and Church Street, opposite Co-op Food and amongst such other multiple retailers including Domino's, Odeon Cinema, Dreams and Barnard Marcus.
Epsom is a busy and prosperous suburban town located approximately 7½ miles south of Kingston-upon-Thames and 16 miles south-west of central London and enjoys excellent road access via the M25 (Junction 9) and the A24.

PROPERTY

Forming part of a mid terraced building comprising a Ground Floor Café and Basement. In addition, the Café benefits from use of a rear service road.

ACCOMMODATION

Ground Floor Café
Gross Frontage 19'0"
Internal Width 17'8"
Shop Depth 21'3"
Built Depth 30'6"
Basement
WC

VAT is NOT applicable to this Lot

TENURE

Leasehold for a term of 999 years from 29th September 2017 at a peppercorn ground rent.

TENANCY

The property is let on a full repairing and insuring lease to M. Shafei as a Café for a term of 5 years from 29th September 2017 (in occupation circa 6 months following an assignment from the previous tenant) at a current rent of £10,000 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 £1,500 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.

6 Upper High Street, Epsom, Surrey KT17 4QJ