Units 11 & 17 Balfour Business Centre, Balfour Road UB2 5BD UB2 5BD
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.
*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.
Please note that the following additional fees will apply to the purchase of your property:
1. Buyers Premium of £600 inclusive of VAT
2. 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.
3. Stamp Duty - rates easily available on-line
4. Your solicitor fees and any survey fees
5. Insurance - it is your responsibility from the date of exchange to insure the property purchased.