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Lot 1 Sold: £730,000

Auction: Thursday 17th February 2022

276/276a East Barnet Road, East Barnet Village, Hertfordshire EN4 8TD

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Lot 1   Click here for addendum

Freehold Commercial/Residential Investment
On behalf of Executors
In the same ownership since 1977

Situation

Occupying a prominent trading position in the main thoroughfare of this busy local village shopping centre, close to branches of Co-op Supermarket, Costa Coffee and a host of established local traders.
East Barnet is a highly sought after north London suburb located between Whetstone and Cockfosters some 10 miles from central London.

Property

An end of terrace building comprising 2 Ground Floor Shops with separate front access to a Self-Contained Flat at first floor level.
The property benefits from a gated front drive-in access to a rear yard with parking for approximately 3 cars.

VAT is NOT applicable to this Lot

FREEHOLD


Note 1: The lessee of Unit 1 has erected a covered store building (9' x 25') behind his shop on part of the communal yard area.

Note 2: There is a 6 Week Completion.

VIRTUAL TOUR

Click here to view the virtual tour of the flat.

Enquire about this lot:

Photo of John Barnett

John Barnett
020 8492 9449
jbarnett@barnettross.co.uk

Photo of Jonathan Ross

Jonathan Ross
020 8492 9449
jross@barnettross.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.