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Lot 5 Click here for addendum

Freehold Vacant Mixed Use Development Opportunity
6 Week Completion

Situation

Located close to the junction with Frizlands Lane within this established neighbourhood shopping area, amongst such multiples as Coral, Betfred, Post Office and Tesco Express, and within easy walking distance to Dagenham Heathway Underground Station (District Line).
Dagenham is a densely populated residential area being approximately 3 miles south-east of Ilford and 3 miles south-west of Romford benefitting from good road links to the A406 North Circular and only 5 miles from London City Airport.

Property

An end of terrace building comprising a Ground Floor Former Bank with separate rear access to a Self-Contained Flat on the first floor (refer to special conditions of sale). In addition, the property includes a Front Forecourt and a Rear Yard which is accessed via a service road.

Accommodation

Ground Floor Former Bank
Gross Frontage 21'0”
Internal Width 17'8”
Shop Depth 28'2”
Built Depth 67'10”
2 WCs
First Floor Flat
1 Bedroom, Living Room, Kitchen, Bathroom/WC
(GIA Approx. 770 sq ft)

VAT is NOT applicable to this Lot

FREEHOLD offered with VACANT POSSESSION

Note 1: There is potential to extend the property at the rear and into the loft, subject to obtaining the necessary consents.

VIRTUAL TOUR
Click here to view the virtual tour of the ground floor former bank
Click here to view the virtual tour of the first floor flat

Enquire about this lot:

JOINT AUCTIONEER:
Blue Alpine Partners Ltd
Tel: 020 3771 0697 Ref: Joseph Bachman
joseph@bluealpine.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.

256a Oxlow Lane, Dagenham, Essex RM10 7YX