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Lot 1 Sold: £810,000

52/52a/52b/52c New House Park, St. Albans, Hertfordshire AL1 1UJ

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Lot 1   Click here for addendum

Freehold Commercial and Residential Investment
On behalf of Pension Trustees
6 Week Completion

Situation

Occupying a prominent position in this fully occupied retail parade, amongst a variety of independent traders, all serving this residential area, enjoying excellent road access via the main London Road (A1081) and located approximately 1½ miles south-east of St. Albans city centre.
St. Albans is an attractive, sought-after, historic city located some 25 miles north-west of central London and some 7 miles north of Watford, benefitting from excellent road links to the A1(M), M25, M1 & M10 motorways.

Property

The Building is arranged as follows:

• A Triple Retail Unit on the ground floor with a roller shutter door at the rear and a Plant Room on part first floor level.
• Separate front access via a communal balcony to 2 Self-Contained Flats(52a & 52b) on the first floor.
• Separate rear access to 1 Self-Contained Flat (52c) on the first floor.
• In addition the property includes 2 Parking Spaces.

The parade benefits from free customer parking and the use of a service road at the rear for deliveries.

VAT is NOT applicable to this Lot

FREEHOLD


VIRTUAL TOUR

Click here to view the Virtual Tour of Flat 52b.

Click here to view the Virtual Tour of Flat 52c.

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:

Photo of Jonathan Ross

Jonathan Ross
020 8492 9449
jross@barnettross.co.uk

Photo of Elliott Greene

Elliott Greene
020 8492 9449
egreene@barnettross.co.uk

JOINT AUCTIONEER:
Collinson Hall
Tel: 01727 843 222   Ref: Jeff Rosen
jeff.rosen@collinsonhall.co.uk

*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.