Ground floor retail unit let to Anthony Charles UK Ltd
Located in busy North London suburb
Prominent position opposite entrance to Southgate Underground (Piccadilly Line)
Nearby occupiers include NatWest, HSBC, Ladbrokes, Harris & Hoole and William Hill
For the Seller's Legal Pack, please click the Property Documents tab below
For a Buyer's Legal Report please click <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
Lot 10
Auction 11th February 2016
Rent £20,568 per Annum Exclusive
Status Sold
Price £337,000
Sector High Street Retail
Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of Joint LPA Receivers
Property Information
Location
Miles
8 miles north of Charing Cross
Roads
A111, A406
Rail
Southgate Underground (Piccadilly Line)
Air
London Heathrow
Situation
The property is situated in a prominent location on the eastern side of The Broadway opposite the entrance to Southgate Underground and Bus Station. Nearby occupiers include NatWest, HSBC, Wimpy, Ladbrokes, Harris & Hoole and William Hill.
Tenure
Freehold.
Location
Miles
8 miles north of Charing Cross
Roads
A111, A406
Rail
Southgate Underground (Piccadilly Line)
Air
London Heathrow
Situation
The property is situated in a prominent location on the eastern side of The Broadway opposite the entrance to Southgate Underground and Bus Station. Nearby occupiers include NatWest, HSBC, Wimpy, Ladbrokes, Harris & Hoole and William Hill.
Tenure
Freehold.
Description
The property comprises a ground retail unit with self-contained residential accommodation on the upper floors.
Six Week Completion
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in theseparticulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
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.
Viewings
There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Gwen Thomas. Telephone: +44 (0)20 7034 4857.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground retail unit with self-contained residential accommodation on the upper floors.
Six Week Completion
Note
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in theseparticulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
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.
Viewings
There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Gwen Thomas. Telephone: +44 (0)20 7034 4857.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
15
Ground
Retail
55.83 sq m
(601 sq ft)
ANTHONY CHARLES UK LIMITED (1)
10 years from 01/12/2010 on a full repairing and insuring lease
£20,568.81
30/11/2020
15A
First and Second
Residential
INDIVIDUAL
999 year lease from 25/12/1988
Peppercorn
27/04/2987
Total Commercial Floor Area
55.83 sq m
(601 sq ft)
£20,568.81
(1) Anthony Charles is an established independent company offering a wealth of property related knowledge and experience gained from many years of working within the local property market (Souce: www.anthonycharles.co.uk 26/08/2014)
Contacts
Seller's Solicitors
Wedlake Bell Solicitors 52 Bedford Row London WC1R 4LR