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Lot 14 Click here for addendum

6 Week completion

SITUATION

Located at the junction of Shenley Road and Whitehouse Avenue in the heart of the town centre, amongst multiples such as Lloyds Bank, Boots, Barnardo's, KFC, a Large Tesco Extra, McDonald's, Domino's, Betfred and Halifax as well as the famous Elstree Studios. The property is within ½ mile of Elstree & Borehamwood Station (22 minutes to King's Cross).
Borehamwood is a popular commercial and residential area only 11 miles north-west of central London and within easy reach of the M1 (Junction 4). and the M25.

PROPERTY

A prominent corner building comprising a Ground Floor Shop with separate side access to 4 Self-Contained Flats on the first and second floors.

In addition, there is a rear 3 storey building fronting Whitehouse Avenue known as Jasmine Court (built circa 2008) comprising 4 Self-Contained Flats accessed via a side courtyard and a Double Garage.

The Title includes a Strip of Land approx. 11'6" wide to the right side of Jasmine Court.

There are 2 Store Areas currently undemised.

All flats benefit from:
• Central heating
• uPVC double glazed windows
• Intercom system
• Fitted kitchens with hob/oven, washing machine (except Flat No. 140D) & fridge
• Communal courtyard with bin store

VAT is NOT applicable to this Lot

FREEHOLD

Note: Following conversion and new build, the 8 Flats have the benefit of a buildings defects insurance policy for £1,100,000 which expires on 23/8/2021.

Viewing Times

*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.

140 Shenley Road (incl. Jasmine Court), Borehamwood, Hertfordshire WD6 1EQ