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Lot 4 Sold: £435,000

Auction: Thursday 27th October 2022

364 Malden Road, Worcester Park, Surrey KT4 7NR

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Lot 4   Click here for addendum

Freehold Commercial/Residential Investment
By order of Receivers
6 Week Completion

Situation

Located in this well-established parade on the east side of Malden Road which includes a branch of Tesco Express and a variety of independent retailers, in this busy thoroughfare linking New Malden to Worcester Park.
Worcester Park is an affluent suburb which lies between the A3 and A24, only 3 miles from Kingston-upon-Thames.

Property

A mid terrace building with a Gross Frontage of 21'10" comprising a Ground Floor Shop with a Deep Rear Extension (20'3" wide) and separate front access to a Self-Contained 2 Bed Flat on the first and second floors.
In addition, the property includes a Parking Area at the rear accessed via a service road.

VAT - Refer to Special Conditions of sale in the Legal Pack

FREEHOLD

Enquire about this lot:

Photo of John Barnett

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

Photo of Steven Grossman

Steven Grossman
020 8492 9449
sgrossman@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.