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Lot 8 Click here for addendum

Freehold Ground Rent Investment
Gross Yield 10%
6 Week Completion

Situation

Located close to the junction with Windmill Road amongst such multiple retailers as KFC, Sainsburys Local, Costa Coffee, Post Office, TaxAssist Accountants and a variety of independent retailers, cafés and restaurants.
Fulwell Rail Station is approx. ¾ mile distant and the area is served by the nearby recreational facilities in Bushy Park and Hampton Court Palace.
Hampton Hill is an attractive residential suburb located on the A311 midway between Richmond and Walton-on-Thames.

Property

An attractive mid terraced building comprising 2 Ground Floor Shops with separate front access to 2 Self-Contained Flats on the first floor. In addition, the property includes a Rear Car Park.

VAT is NOT applicable to this Lot

FREEHOLD

Note 1: The shop tenants of Nos. 48 and 50 High Street use the archway of No. 52 for vehicular access to the rear of their units and pay £200 p.a. (£100 p.a. each) for this benefit by way of an informal arrangement.

Note 2: In accordance with s.5A of the Landlord & Tenant Act 1987, Notices were served on the lessees and they have not reserved their rights.

Note 3: The Freeholder insures. Current sum insured £700,000. Current premium £1,138.95 p.a.

*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.

52 High Street, Hampton Hill, Middlesex TW12 1PD