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Lot 1

Freehold Vacant Bank with Development Potential
6 week completion

SITUATION

Located on the main A237 close to the junction with Stanley Park Road in this busy commercial thoroughfare, directly opposite the entrance to The Square Shopping Centre amongst such multiples as Boots, Costa Coffee, Iceland, WH Smith & Post Office, Tesco Express, Greggs, KFC, Specsavers, Caffe Nero and a host of local traders.
The property is within close proximity to Wallington Train Station (Southern Railway) and lies in this affluent and sought after residential area midway between Sutton and Croydon approx. 11 miles south of central London.

PROPERTY

A prominent corner building comprising a Ground Floor Banking Hall with internal access to Ancillary Offices at first floor level.
The property benefits from a return frontage and vehicular access via Readers Walk to off-street parking at the rear for 1 car.

ACCOMMODATION¹
Ground Floor Banking Hall
Gross Frontage 39'4"
Return Frontage 34'5"
Internal Width 38'9"
Shop Depth 33'8"
Built Depth 84'1"
Banking Area Approx. 1,442 sq ft
Offices Area Approx. 672 sq ft
Storage Area Approx. 572 sq ft
2 WC's
First Floor Offices
Area Approx. 1,070 sq ft
2 WCs ________________

Total Area Approx. 3,756 sq ft

¹Not inspected by Barnett Ross

VAT is NOT applicable to this Lot

FREEHOLD

Note 1: Barclays no longer trade from the premises and are handing the keys back to the Vendor on 28th July 2023 in accordance with their s.27 Notice.

Note 2: There is potential to self-contain and convert the first floor into residential and perhaps add a second floor, subject to planning.

Note 3: The Ground Floor may be ideal for a Restaurant and this would not require planning for change of use as it already falls within Class E.

Note 4: Click here to view the floor plans.

*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.

110/112 Woodcote Road, Wallington, Surrey SM6 0LY