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Lot 1

Freehold - Restaurant & 2 Flats with Valuable Reversion in approx. 8½ years
In the same family ownership for approx. 46 years
6 Week Completion

Situation

Located close to the junction with Palmerston Road within this popular mixed commercial and residential suburb, adjoining Betfred, opposite Anytime Fitness and amongst such multiples as Greggs, Specsavers, Asda Supermarket, Poundland, Boots, Wenzels, Ladbrokes and The Gym Group.
The property is a few minutes' walk from Harrow and Wealdstone Station (Bakerloo Line, Lioness, Southern and West Midlands Railway).
Wealdstone lies approx. 10 miles north-west of central London.

Property

A mid terraced building comprising a Ground Floor Restaurant with a large rear extension plus separate rear access to 2 Self-Contained Flats on the first and second floors.

Accommodation

Ground Floor Restaurant (60 Covers)
Gross Frontage	20'6"
Internal Width	18'0"
Restaurant Depth	57'9"
Built Depth	90'3"
Restaurant Area	Approx.1,040 sq ft
Kitchen/Ancillary Area	Approx. 650 sq ft
Incl 2 WCs

First & Second Floor - 2 Flats
Not Inspected, each believed to be 2 Bedrooms, Living Room, Kitchen, Bathroom/WC

VAT is NOT applicable to this Lot

FREEHOLD

Tenancy

The entire property is let on a full repairing and insuring lease to Wispville Limited (see Note) for a term of 99 years from 29th September 1934 at a current rent of £250 per annum exclusive.

Valuable Reversion in approx. 8½ years.

Note: We have been informed that the Ground Floor has been sub-let as a Sri Lankan Restaurant and the 2 Flats are both sub-let on ASTs.

*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.

34 High Street, Wealdstone, Middlesex HA3 7AB