Property Auction House and RICS Registered Valuer

Next Auction:
11/4/2024

Current Lots

Venue:
Remote bidding only

Remote bidding
FREEHOLD WAREHOUSE UNITS WITH INVESTMENT INCOME OF 37,140PA

Lot 10

Units 11 & 17 Balfour Business Centre, Balfour Road UB2 5BD

Photo of Units 11 & 17 Balfour Business Centre, Balfour Road UB2 5BD
Withdrawn Prior

MAP

FREEHOLD WAREHOUSE UNITS WITH INVESTMENT INCOME OF 37,140PA

Lot 10

These adjoining warehouse units form part of an established commercial business park primely located for road links to London, Heathrow and the M4, M25 and M3 motorways. We understand that the units have been let leases to the current tenants for a number of years, although they have now expired and each tenant is holding over on a licence agreement. The total income is in the order of 37,140 and the buildings are sold with the benefit of this investment income. There are three tenants of which one occupies part of both warehouses.

Enquiry Form

Pound sign icon

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.

Plus sign icon

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.

Online Property Auctions Overview

Find out the Current Market Value of your Property

Request a FREE market appraisal today!

Full Market Appraisal Instant Valuation