Lot

37

47-49 Bridge Road, East Molesey, Surrey, KT8 9ER

Property Enquiries

Jeremy Lamb

jeremy.lamb@bidx1.com
+44 (0) 20 7358 5653

Viewing Registration / Enquiries

BidX1 Support Team

info@uk.bidx1.com
+44 (0) 20 7703 4401

Vendor Solicitor

Luc Algar

luc.algar@mooreblatch.com
023 8071 8000

Description

Map

Viewings


Property Summary
  • BY ORDER OF THE LPA RECEIVERS.
  • Mixed use investment producing £47,080 with one flat vacant.
  • Popular and busy high street location.
  • Arranged as 4 flats and two retail units.
Tenure

Freehold

Location

Molesey is an historic and busy market town a short distance from Hampton Court Palace. The property is located within a busy parade of local shops servicing a large residential catchment area. The building is located between Wolsey Road and Palace Road. There are numerous independent traders nearby including several restaurants & cafes, two public houses and a mini market. Further trade may be gained from the high level of pedestrian footfall and vehicular traffic going to and from nearby Hampton Court railway station.

Accommodation
Floor Accommodation Tenancy Rent Per Annum
Flat 4-Second floor Two bedroom self-contained flat G.I.A 48.97 sq m (527 sq ft) Vacant
Flat 3-First floor Self-contained studio flat. G.I.A 23.23 sq m (250 sq ft) Let on a 12 month assured shorthold tenancy from 26/06/2012 (holding over) £6,240
Flat 2-First floor Self-contained studio flat G.I.A 27.3 sq m (294 sq ft) Let on a 12 month assured shorthold tenancy from 24/01/2012 (holding over) £6,180
Flat 1-First floor Non self-contained studio flat G.I.A 23.23 sq m (250 sq ft) Let on a 12 month assured shorthold tenancy from 09/11/2002 (holding over) £6,000
Ground floor shops Retail area, kitchenette and storage area, two offices, kitchen, 2 separate wcs-N.I.A 87,36 sq m (940 sq ft) Let to In Harmony, Spirit and Balance Limited on a 10 year FR & I lease from 28/11/2014 and is subject to a rent review on 28/11/2018 and every 2 years thereafter £28,560
Basement Sold on a lease for a term of 125 years from 24/06/2004 at a ground rent of £100 per annum
Total £47,080

VAT
Please refer to Legal Documents

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 vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. 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 vendor 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 vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. 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 vendor.