Δημοπρασία
Εικονίδιο Αγαπημένα ενεργοποιήθηκε Εικονίδιο Αγαπημένα απενεργοποιήθηκε

5/7 Alexandra Road, Hemel Hempstead, HP2 5BS

  • Δημοπρασία
  • Ακίνητο 5
  • Ηνωμένο Βασίλειο
  • Γραφειακός Χώρος
  • Εμπορικό

Πωλήθηκε για £1,548,500

Προσθήκη

The date of completion shall be 30 business days after the contract date.

Περίληψη Ακινήτου

  • Well located modern freehold office investment
  • Let to British Pipeline Agency Limited until 2031 (ultimately owned by oil companies BP Group and Royal Dutch Shell Group)
  • 9 years to lease expiry (no breaks)
  • 558.40 sq m (6,011 sq ft)
  • 8 person lift
  • 14 car parking spaces
  • Currently producing £95,000 per annum

Επικοινωνήστε μαζί μας

Oliver Childs
Oliver Childs
Για διευκρινίσεις και επίλυση αποριών.
Darren Murray
Δικηγόρος του Πωλητή

Επικοινωνήστε μαζί μας

Oliver Childs
Oliver Childs
Για διευκρινίσεις και επίλυση αποριών.
Darren Murray
Δικηγόρος του Πωλητή

Λήψεις Αρχείων

Περιγραφή ακινήτου

The property comprises a three storey office building of concrete frame construction with brick facade of approximately 558.40 sq m (6,011 sq ft).  There is an eight person lift and car parking for 14 vehicles.

Τοποθεσία

Hemel Hempstead is located between St Albans and Berkhamsted, approximately 27 miles north west of London, 9 miles north of Watford and 12 miles south of Luton.

The property is situated on the east side of Alexandra Road, close to the junction with Queensway (B487).  The immediate area is a mix of residential and retail, whilst Gadebridge Park and The Marlowes Shopping Centre are both close by.  There are regular mainline rail services from Hemel Hempstead via Watford Junction to London (Euston) with a journey time of approximately 30 minutes.

Κατάσταση Ακινήτου

(1) The tenant company (company number 01228157) is 50/50 owned jointly between BP Group (www.bp.com) and Royal Dutch Shell Group (www.shell.com), two of the world's oli majors and employ approaching 200 staff in the UK, operating a range of onshore hydrocarbon transport and storage facilities. Source: www.bpa.co.uk 

For the year ending 31/12/2020 British Pipeline Agency Ltd reported a turnover of £35,546,095 and pre-tax profits of £1,490,000. Source: Annual Report & Financial Statements.

(2) This is the renewal of a previous lease.  The tenant has been in occupation for over 20 years.

Άδεια Οικοδομής / Πολεοδομική Άδεια

There could be potential for conversion of the building into residential, subject to possession and the necessary consents.  For further information contact Hertfordshire County Council (www.hertfordshire.gov.uk).

Κατοχή

Freehold

Πίνακας/Πίνακες

UnitUseFloor AreaTenantTenancyRent (£ pa)Rent Review
5/7 Alexandra RoadOffice

558.40 sq m (6,011 sq ft)

British Pipeline Agency Ltd (1)10 years from 29 September 2021 (2)£95,00029/09/2026
TOTAL 

588.40 sq m (6,011 sq ft)

  £95,000 

 

The floor areas have been provided by the VOA.

ΦΠΑ

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Βοηθητικοί σύνδεσμοι

*Όροι & Προϋποθέσεις

Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.

  1. The reserve price is the minimum price at which the property can be sold at auction.
  2. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller may be prepared to sell on the date on which the guide price, or range of prices, is published. The sale price, whether prior to or at the auction, can be above or below the guide price depending upon market activity. BidX1 and the seller accept no responsibility for any losses, costs or damages incurred by a buyer as a result of relying on any guide price. The buyer must decide how much they should bid for any Lot. All guide prices are quoted subject to contract. Guide prices given by BidX1 or the seller cannot be accepted by the buyer as being a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities.
  3. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any Lot may exceed the previously quoted guide price (as the seller may fix the final reserve price just before bidding commences).
  4. The guide price for the Lot does not include the administration fee of £1,295 (inclusive of VAT) for all properties up to £49,999, and £2,400 (inclusive of VAT) for all properties £50,000 and above charged by BidX1. In the case of a joint agent this administration fee will be £2,400 (inclusive of VAT). In addition, the guide price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.
  5. To participate in the sale BidX1 must hold a minimum amount from all bidders. This participation amount and administration fee is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £4,795 comprises £3,500 relating to your bidder security (partial deposit payment) and an administration fee payable directly to BidX1. A higher participation amount may be payable depending on the reserve price of the Lot.
  6. Please note that Lots may be sold or withdrawn prior to auction.
  7. All Lots sold “Subject to Vendor Confirmation” will be subject to acceptance and confirmation by the Vendor. The highest bid will be presented to the Vendor, the Vendor will have to either accept, decline or make a counteroffer, within the confirmation period. Should the Vendor decide to make a counteroffer, then a private link will be sent to the Highest Bidder advising of the offer the Vendor is willing to accept. The Highest Bidder will be obliged to accept or reject the Vendor's counteroffer. The Vendor reserves the ultimate right, apart from the auctioneer, to accept and to decline to sell to the highest or any bidder, without giving any reasons.
  8. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the seller in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the seller. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the seller. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller.
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