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Lot 27

6 Week Completion

Situation

Located close the junction with Princes Avenue in this well established retail parade amongst such multiple traders as Ladbrokes, William Hill, Iceland, Esso/Tesco as well as being approx. 350 yards from the Tolworth Tower complex which includes a Mark & Spencer Food Hall.
Tolworth lies just off the A3 approx. 3 miles south of Kingston-upon-Thames with easy access to the M25 (Junction 10).

Property

A mid terraced building comprising a Ground Floor Shop with separate rear access to a Self-Contained Flat at first floor level which includes hatch access to a Loft (see Note 1). In addition, the property includes a Rear Garage and use of a rear service road.

Accommodation

Ground Floor Shop
Gross Frontage 20'9”
Internal Width 19'9”
Shop Depth 39'9”
Built Depth 69'5”
Rear Store Area Approx. 270 sq ft
WC
Garage 12'7” × 21'6”

First Floor Flat
1 Bedroom, Living Room, Kitchen, Bathroom/WC plus Loft¹
(GIA Approx. 600 sq ft)
¹The loft has not been 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 L. K. Saleh as a Dry Cleaners for a term of 15 years from 24th June 2007 at a current rent of £20,000 per annum exclusive.

Note 1: There is potential to create additional living accommodation in the Loft similar to other neighbouring properties, subject to obtaining the necessary consents.

Note 2: The tenant advised the flat is currently sublet.

*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.

400/400A Ewell Road, Tolworth, Surrey KT6 7HF