Garages to the rear, Grand Drive Raynes Park London SW20 9NQ

  • Garages to the rear, Grand Drive<br>Raynes Park<br>London<br>SW20 9NQ

Garages to the rear, Grand Drive
Raynes Park
London
SW20 9NQ

Freehold Garage Ground Rent Investment in Affluent South West London Location

  • Comprises a terrace of 6 garages
  • Entirely let until 2057
  • Situated to the rear of Grand Drive (B279) which leads directly to Raynes Park Railway Station
  • Future redevelopment potential (subject to consents)
  • VAT free investment
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    41
  • Auction
    22nd October 2015
  • Rent
    £20 per Annum Exclusive
  • Status
    Sold Prior
  • Price
     
  • Sector
    Ground Rent
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important Update
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Freehold Garage Ground Rent Investment in Affluent South West London Location

  • Comprises a terrace of 6 garages
  • Entirely let until 2057
  • Situated to the rear of Grand Drive (B279) which leads directly to Raynes Park Railway Station
  • Future redevelopment potential (subject to consents)
  • VAT free investment
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 41
  • Auction 22nd October 2015
  • Rent £20 per Annum Exclusive
  • Status Sold Prior
  • Price  
  • Sector
    Ground Rent
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
10 miles south-west of London’s West End
8 miles south-east of Richmond
5 miles south-east of Kingston upon Thames
Roads
B279, A238, A3
Rail
Raynes Park Railway Station (21 mins direct to London Waterloo)
Air
London Heathrow International Airport, London Gatwick International Airport
Situation

The property is situated to the rear of a prominent retail & residential parade fronting Grand Drive (B279) close to the roundabout junction with Hillcross Avenue. The area is predominantly residential and benefits from a Co-op Supermarket, the St John Fisher Primary School (Ofsted Good) and Hatfield Primary School (Ofsted Good) being nearby. On the corner of Hillcross Avenue and Grand Drive is a development site with planning permission for 9 apartments and a convenience store that has been pre-let to Sainsbury’s Supermarkets Ltd. (Planning reference 12/P3086 Merton Council).

Tenure

Freehold.

Location
Miles
10 miles south-west of London’s West End
8 miles south-east of Richmond
5 miles south-east of Kingston upon Thames
Roads
B279, A238, A3
Rail
Raynes Park Railway Station (21 mins direct to London Waterloo)
Air
London Heathrow International Airport, London Gatwick International Airport
Situation

The property is situated to the rear of a prominent retail & residential parade fronting Grand Drive (B279) close to the roundabout junction with Hillcross Avenue. The area is predominantly residential and benefits from a Co-op Supermarket, the St John Fisher Primary School (Ofsted Good) and Hatfield Primary School (Ofsted Good) being nearby. On the corner of Hillcross Avenue and Grand Drive is a development site with planning permission for 9 apartments and a convenience store that has been pre-let to Sainsbury’s Supermarkets Ltd. (Planning reference 12/P3086 Merton Council).

Tenure

Freehold.

Description

The property comprises a terrace of 6 garages of brick construction with timber garage doors under a corrugated metal sheet roof.
Access can be gained via Hillcross Avenue or by the accessway at the side of 358 Grand Drive.
The retail and residential parade known as 358-372 Grand Drive and the builders yard adjoining the garages are also being offered in this sale. Please refer to Lots 32-39 and 40 of the auction catalogue.
Please note the mark up of the property is for identification purposes only. Please refer to the title documentation in the legal pack.

Six week completion.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a terrace of 6 garages of brick construction with timber garage doors under a corrugated metal sheet roof.
Access can be gained via Hillcross Avenue or by the accessway at the side of 358 Grand Drive.
The retail and residential parade known as 358-372 Grand Drive and the builders yard adjoining the garages are also being offered in this sale. Please refer to Lots 32-39 and 40 of the auction catalogue.
Please note the mark up of the property is for identification purposes only. Please refer to the title documentation in the legal pack.

Six week completion.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
Ground Garages
65.25 sq m
(702 sq ft)
INDIVIDUALS 99 years from 25/03/1958 on a full repairing and insuring
lease
£20 24/03/2057
Totals  
65.25 sq m
(702 sq ft)
    £20

Property Documents

  • Catalogue Page
    Updated Date
    30.01.20
    File Size
    2 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
DWF LLP 1 Scott Place, 2 Hardman Street,
Manchester
M3 3AA
Alicia Renshaw 0161 838 0245alicia.renshaw@dwf.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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