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Lot 24

In same ownership for over 25 years
6 Week Completion

Situation

Located at the rear of the Church Road shopping parade in this popular commercial and residential area and amongst multiples such as Sainsbury's, Barclays Bank, Santander, Subway, Preston Bennett, Boots Pharmacy and Costa Coffee.
Stanmore is a prosperous residential suburb of north west London located between Edgware and Hatch End enjoying excellent transport links via Stanmore Station (Jubilee Line), the A41, A5 and M1 (Junction 4) approximately 10 miles from central London.

Property

A former bake house with planning permission to convert from storage to a two storey office building.

Planning

Planning Permission was granted on 21st November 2017 by Harrow Council for the ‘Change of use from storage (use class B8) to office (use class B1 (a)); external alterations' in accordance with the development described in the application and submitted plans. Planning reference - P/4100/17.
However, the Architects have advised that in view of the dilapidated state of the building, the only viable option would be to demolish and rebuild using the same floor plate.

Planning Documentation available from Auctioneers.

Proposed New Building
(Same floor plate as existing building)

Ground Floor
Office, Kitchen, WC GIA Approx. 330 sq ft
First Floor
Office GIA Approx. 260 sq ft

VAT is NOT applicable to this Lot

Freehold offered with Vacant 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.

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.

2 Elm Park, Stanmore, Middlesex HA7 4BJ