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Lot 11 Click here for addendum

6 Week Completion

Situation

Located directly behind a purpose built block of flats (Byron Court) and being near to the junction with Brookfield Lane and amongst a variety of residential and commercial occupiers including William Hill, Londis, a Shell Petrol Station and a Tesco Express as well as a Dentist which is adjacent to the property and a Pub being directly opposite.
Cheshunt is located approx. 4 miles north of Enfield and benefits from excellent road links via the M25 (Junction 25) and the A10.

Property & Accommodation

Forming 4 Parking Spaces (Nos. 4, 5, 7 & 8) (all to be offered as one lot) to the rear of a block of flats accessed directly off Flamstead End Road.

VAT is NOT applicable to this Lot

Tenure
4 separate leaseholds each for a term of 250 years from completion at a peppercorn ground rent (all to be offered as one lot).

Offered with vacant possession

Note 1: One of the parking spaces sold in October 2018 for £2,500 to a lessee of Byron Court for a term of approx. 101 years at a ground rent of £25 p.a. rising every 15 years by RPI.

Note 2: In the Auctioneer's opinion, the spaces may provide additional parking for the commercial and residential occupiers in the nearby locality.

*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.

4 Parking Spaces at Byron Court, Flamstead End Road, Flamstead End, Cheshunt, Hertfordshire EN8 0HU