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Lot 21 Click here for addendum

6 Week Completion

Situation

On this main road shopping parade directly opposite St. John The Baptist Church, 1½ miles from Uxbridge Town Centre and 4½ miles from Heathrow Airport.
Uxbridge lies approx. 16 miles west of central London and benefits from good road links via the A40.

Property

An attractive building comprising:
• A Large Ground Floor Shop
• Separate front access to a Self-Contained 2 Storey Upper Part comprising 5 Studio Flats.
• A Rear Single Storey Building (majority recently built) used as a Self- contained Flat.
• Drive-in access to double gates leading into a Yard providing parking for a minimum of 6 cars.

Accommodation

Ground Floor Shop
Gross Frontage 29'6"
Internal Width 23'9"
Shop Depth 32'6"
Built Depth 44'10"
Area Approx. 1,120 sq ft
Plus timber extension Approx. 260 sq ft
2 WCs
First Floor (all units with communal gas central heating)
Front Studio Flat 2: 1 Room plus Shower/WC
Front Studio Flat 3: 1 Room plus Shower/WC¹
Rear Studio Flat 4: 1 Room plus Shower/WC
Rear Studio Flat (No Number): 1 Room plus Shower/WC on landing
Second Floor
Front Studio Flat 6: 1 Room plus Bath/WC
Rear Ground Floor
Flat - 2 Rooms, Kitchen, Shower/WC¹

¹ Not inspected by Barnett Ross

VAT is NOT applicable to this Lot

Freehold

Tenancy

The entire property is let on a full repairing and insuring lease to Mr & Mrs Terzontz for a term of 12 years from 16th April 2010 at a current rent of £28,000 per annum exclusive.
Rent Reviews 2015 (maybe outstanding) and 2020.

Note 1: A small section of the rear service road has not been demised to the lessee.

Note 2: The lessee sublets the shop to Highgain Properties Ltd (with Guarantor) as estate agents at £20,000 p. a. and sublets the flats in the upper part and rear ground floor.

Note 3: The lease is excluded from s. 24. 28 of the Landlord & Tenant Act 1954.

*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.

105 Hillingdon Hill, Uxbridge, Middlesex UB10 0JQ