Village Court, Park Road Cheam London SM3 8PY

Village Court, Park Road
Cheam
London
SM3 8PY

Freehold Residential Ground Rent Investment

4 Storey Building Comprising 11 Flats
Site Area of Approx. 0.02 Ha (0.05 Acres)
Affluent London Commuter Town
Prominent and Busy Town Centre Location
VAT Free Investment
Nearby Occupiers Include Little Waitrose, Boots Pharmacy, Caffe Nero and Pizza Express

Lot
9
Auction
30th March 2023
Rent
£1 per Annum Exclusive
Status
Sold
Price
£5,000
Auction Venue
Live Streamed Auction
On Behalf of Joint LPA Receivers

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Freehold Residential Ground Rent Investment

4 Storey Building Comprising 11 Flats
Site Area of Approx. 0.02 Ha (0.05 Acres)
Affluent London Commuter Town
Prominent and Busy Town Centre Location
VAT Free Investment
Nearby Occupiers Include Little Waitrose, Boots Pharmacy, Caffe Nero and Pizza Express

Lot 9
Auction 30th March 2023
Rent £1 per Annum Exclusive
Status Sold
Price £5,000
Sector
Ground Rent
Auction Venue
Live Streamed Auction
On Behalf of Joint LPA Receivers

Property Information

Location

Miles: 3 miles north east of Epsom, 6 miles west of Croydon, 12 miles south-west of Central London
Roads: A232, A217, A24, A3
Rail: Cheam Rail (regular services to London Victoria in 39 minutes), Sutton Railway Station
Air: London Heathrow Airport

Situation

Cheam is an affluent London commuter town located 6 miles west of Croydon, 3 miles north east of Epsom and 12 miles south west of Central London. The property is prominently located on High Street (A232), a busy arterial route providing direct access to Croydon at its junction with Park Road.

The property is situated in the town centre off Park Road, to the rear of the High Street and short walk from Cheam Railway Station.

Tenure

Freehold.

Location

Miles: 3 miles north east of Epsom, 6 miles west of Croydon, 12 miles south-west of Central London
Roads: A232, A217, A24, A3
Rail: Cheam Rail (regular services to London Victoria in 39 minutes), Sutton Railway Station
Air: London Heathrow Airport

Situation

Tenure

Freehold.

Description

Village court, a 4 storey stand-alone apartment building of 11 flats located off Park Road. The property has been sold off on a long lease.

15-25 High Street, the neighbouring property is being offered for sale separately as lot 8.

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Joint LPA Receivers and therefore no warranties, representations or guarantees are given or will be given in respect of the information in this brochure or any matter relating to the property, including VAT. Any information provided is provided without liability for any reliance placed on it and the Receivers are acting without personal liability. The Receivers are not bound to accept the highest or any offer.

Completion Period

Six week completion

EPC

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