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Lot 44

On behalf of Ladbrokes Coral Group
6 Week Completion

Situation

Located opposite the junction with Horseshoe Road in this attractive village, opposite Londis and being within a few hundred yards of Costa, Age UK, Lloyds Pharmacy, WHSmith, Oxfam, The Co-operative Food and host of independent retailers, restaurants and cafés. In addition, Pangbourne Rail Station (Mainline) is less than ½ mile distant and provides rail services direct to London, Paddington.
Pangbourne is a popular and sought-after commuter village, located approx. 5 miles west of Reading town centre, enjoying good access to the M4 (Junction 12) via the A340.

Property

A mid-terrace building comprising a Former Ground Floor Betting Shop with internal access to Ancillary Accommodation on the first floor. In addition, the property includes a 15'4” deep front forecourt and a rear Garden.

Accommodation

Ground Floor Former Betting Shop
Gross Frontage 16'2”
Internal Width 14'0”
Shop & Built Depth 22'5”
GIA Approx. 315 sq ft
First Floor Ancillary
2 Rooms, 2 WCs
GIA Approx. 315 sq ft
Total GIA Approx. 630 sq ft

VAT is NOT applicable to this Lot

FREEHOLD offered with VACANT POSSESSSION

Note 1: There may be potential to convert the property to Residential Use and create off-street parking, subject to obtaining the necessary consents.

Note 2: No. 33 Reading Road (2 bed terraced house) sold for £240,000 in 2015 (Source: Zoopla).

Note 3: The property is adjacent to a former pub which is being converted into residential units.

*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.

29 Reading Road, Pangbourne, Reading, Berkshire RG8 7HY