For Sale By Auction | 12 noon, 15 April 2015 | Lot 20

148 Balgores Lane, Gidea Park, Romford, Essex, RM2 6BP

Sold After

  • Retail Property (high street)
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Wed 15/04/2015

Auction Time

12 noon

Auction Venue

The Ballroom, Landmark Hotel, 222 Marylebone Road, Marylebone, London, NW1 6JQ

A Freehold Commercial & Ground Rent Investment Producing £20,600 per annum

The property comprises a ground floor shop with two self-contained flats above (both sold off) situated within a terraced building arranged over ground and two upper floors.

Tenure

Freehold

Location

The property is situated on an established corner parade primarily occupied by local traders servicing the local residents in a prominent part of Romford. The open spaces of Gidea Park are within easy reach. Transport links are provided by Gidea Park rail station, which is soon to be served by Crossrail.

Accommodation

Ground Floor Shop Area Office Two Further Preparation/Stock Areas Kitchen Separate WC with wash basin

The property has not been internally inspected.

Lot Type

Commercial Investments

VAT

VAT is not applicable

Viewing Details

Tuesday 31st March 12:00-12:30 Tuesday 7th April 12:00-12:30 Tuesday 14th April 12:00-12:30

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.