Property Auction House and RICS Registered Valuer

Next Auction:
13/6/2024

Current Lots

Venue:
Remote bidding only

Remote bidding
MIXED COMMERCIAL INVESTMENT

Lot 2

70 Vicarage Farm Road, Hounslow, Middlesex TW5 0AB

Photo of 70 Vicarage Farm Road, Hounslow, Middlesex TW5 0AB
Sold Prior

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MIXED COMMERCIAL INVESTMENT

Lot 2

This centre terraced building comprises of a ground floor shop premises and a split level two bedroom flat above. The property is let in it?s entirety for a period of 25 years from 14th October 2009 at a rent of 11,000. The ground floor is operating as a fast food take away outlet and the flat above is in need of refurbishment. There is a yard to the rear that provides a parking space and storage shed. We understand that the tenant is currently in arrears on rent and the building is sold on the basis of the current lease. We understand that he purchaser will be given rights to collect and retain any arrears.

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

  • Buyers Premium of £600 inclusive of VAT
  • Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
  • Stamp Duty - rates easily available on-line
  • Your solicitor fees and any survey fees
  • Insurance - it is your responsibility from the date of exchange to insure the property purchased.

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