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Lot 16

6 Week completion

SITUATION

Located close to the junction with Winchester Avenue, adjacent to the newsagent that serves the local residential area. Nearby occupiers include The Jobber's Rest (Gastropub) and a Specialist Boat Shop.
Upminster is a popular commuter town located some 15 miles east of the City of London and 4 miles south-east of Romford, enjoying excellent road access via the A124 which links with the M25 motorway.

PROPERTY

Forming part of an end of terraced building comprising a Ground Floor Shop with separate side access to a Self-Contained Flat on the ground and first floor. In addition, there is a Forecourt (20' deep) with parking available for 3 cars.

VAT is NOT applicable to this Lot

ACCOMMODATION

Ground Floor Shop
Gross Frontage 20'0"
Internal Width 19'0"
Shop Depth 30'0"
Sales Area Approx. 570 sq ft
WC
Ground & First Floor Flat (GIA Approx. 850 sq ft)
2 Bedrooms, Living Room, Kitchen, Bathroom/WC
and benefitting from gas central heating, uPVC windows and private patio.

FREEHOLD offered with VACANT POSSESSION

Note 1: The Flat was previously let at £13,200 p.a. (£1,100 pcm).

Note 2: It is understood that planning permission has been obtained to convert the adjoining newsagent/shop into Residential use.

*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.

42 Lichfield Terrace, St Mary’s Lane, Upminster, Essex RM14 3JX