Sold Prior | Lot 79

2-4 Beehive Lane, Ilford, Essex, IG1 3RD

Sold Prior

  • Commercial Property
  • Tenure: Leasehold

Call the team on 020 7625 9007 for more information

Auction Date

Thu 26/02/2015

Auction Time

12 noon

Auction Venue

Everyman Cinema, Belsize Park, 203 Haverstock Hill, London NW3 4QG (opp. Belsize Park underground station)

A Commercial Investment Understood to be Producing £12,000 per annum

The property comprises a ground floor shop situated within a terraced building arranged over ground and first floors.

Tenure

Leasehold

By Order of the LPA Receivers

Location

The property is situated on an established parade in the heart of Ilford predominantly occupied by local traders. The open spaces of Valentines Park are very close by. Transport links are provided by Gants Hill underground station (Central line)

Accommodation

The property has not been internally inspected. We understand the property provides the following accommodation: Ground Floor Shop Area Kitchen Separate WC with wash basin

Tenancy

We have not had sight of the tenancy at the time of going to print but we understand that the property is currently let at £1,000 pcm

Current Rent Reserved £12,000 per annum

Viewing Details

Withdrawn

Addendum

As per the Special Conditions of Sale, we are offering the freehold interest in the building (title number EGL44872) and not as stated in the catalogue. The first floor flat has been sold off on a 125 year lease from 16th September 2005. Sold Prior

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.