For Sale By Auction | 08:45, 17 April 2024 | Lot 150

99 - 109, Goodmayes Lane, Ilford, Redbridge, IG3 9PL

*Guide | £165,000+ (plus fees)

  • Commercial Property
  • Tenure: Long Leasehold. The property is held on a 999 year lease from 11th August 2009 (thus approximately 985 years unexpired).

Call the team on 020 7625 9007 for more information

Auction Date

Wed 17/04/2024

Auction Time

08:45

Auction Venue

Live Stream

A Telephone Mast Site Let to Vodafone Ltd Producing £18,150 Per Annum

The property comprises a site currently occupied by an electronic communication base station with two telephone masts and the associated communications cabins.

Tenure

Long Leasehold. The property is held on a 999 year lease from 11th August 2009 (thus approximately 985 years unexpired).

Location

The site is situated on a residential road close to local shops and amenities. The open spaces of Goodmayes Park are within easy reach. Transport links are provided by Goodmayes underground (Elizabeth line) and rail stations. The site itself adjoins No. 109 Goodmayes Lane, which is on the East Side of Goodmayes Lane.

Tenancy

The property is subject to a lease at a rent of £18,150 per annum, please refer to the legal pack for further details.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.