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Lot 1

Vacant Freehold - Shop/Office & Basement + 2 Flats
Of interest to owner occupiers

Situation

In this well know location just off Finchley Road and being midway between Golders Green and Swiss Cottage and amongst a host of vibrant retail and restaurant operators serving this popular and sought after residential area.
The area is well served by good public transport links being in close proximity to West Hampstead Thameslink, West Hampstead Underground and Finchley Road & Frognal Stations as well as numerous bus routes along the Finchley Road.
West Hampstead lies approx. 3 miles north-west of the West End.

PROPERTY (See Note 1)

A late Victorian mid-terraced building comprising a Ground Floor Shop/Office and Lower Ground Floor with separate rear access via a wide passageway from Crediton Hill to 2 Self-Contained Flats on the first, second and third floors.

Accommodation

Ground Floor Shop/Office
12'0” x 44'6”

Basement Room (for 2 WCs or Shower + WC)
Approx. 135 sq ft

First Floor Studio Flat
1 Room incl. Kitchen, Shower Room/WC and Private Terrace
(GIA Approx. 345 sq ft)

Second and Third Floor Flat
3 Rooms (one incl. Kitchen), 2 x Shower Room/WC and Private Terrace with views of London including Post Office Tower.
(GIA Approx. 700 sq ft)

Total Area Approx. 1,645 sq ft

VAT is NOT applicable to this Lot

FREEHOLD offered with VACANT POSSESSION

Note 1: The property was recently completely refurbished and converted to include a new roof, new windows, new doors, new gas central heating, new flooring, new shower rooms, rewiring, new plumbing, etc. etc.

Note 2: A 2 bed flat at Kingswood Ct, West End Lane sold in Oct 2020 for £735,000 (£830 psf) and a 2 bed flat in Embassy House, West End Lane sold in July 2020 for £480,000 (£879 psf).

Note 3: We understand that this property qualifies for a reduced rate of Stamp Duty Land Tax (SDLT) saving a purchaser approx. 48% based on the standard rate of SDLT, but please take your own independent advice.

Note 4: There is an 8 Week Completion.

VIRTUAL TOUR

Click here to view the Virtual Tour of the flat.

Due to Government Guidelines we will try to accommodate all viewing requests, but in the first instance you are advised to view the virtual tour where available and/or any internal images on the Particulars before requesting a viewing. Each viewing slot will be for a specific period of time and you will be required to attend the viewing promptly and ensure gloves and a face covering are worn. Please observe social distancing while you are at the property. If you are experiencing any Coronavirus symptoms then please do not attend the viewing as you will not be allowed access into the property.

Enquire about this lot:

JOINT AUCTIONEER:
Tydus Real Estate
Tel: 020 3903 7000 Ref: Jamie Baruch
jamiebaruch@tydusre.com

*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.

332 West End Lane, West Hampstead, London NW6 1LN