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107-109 Wandsworth High Street, Wandsworth, SW18 4HY

  • Subasta
  • Lote 01
  • Reino Unido
  • Uso Mixto
  • Comercial

Vendido por £925,000

Anexo

The first floor flat is currently arranged as four bedrooms and not two as stated.

Resumen de la propiedad

  • Freehold retail and residential investment
  • Part let to Ladbrokes Betting and Gaming Ltd (1)
  • Part of an established and busy retail parade
  • Popular south west London suburb
  • Producing £67,600 per annum
  • On the instructions of James Liddiment and Paul Greenhalgh of Duff and Phelps acting as Joint Fixed Charge Receivers

Contactar con nosotros

Simon Bailey
Simon Bailey
El equipo está para ayudarte
Anthony Akka
Abogado del Vendedor

Contactar con nosotros

Simon Bailey
Simon Bailey
El equipo está para ayudarte
Anthony Akka
Abogado del Vendedor

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Descripción de la propiedad

A prominent corner two storey building of traditional construction beneath a part pitched and part flat roof. The building is arranged as a ground floor retail unit with rear ancillary storage accommodation and a self contained two bedroom flat at first floor level, which is accessed from its own entrance on Buckhold Road. To the rear of the ground floor is a newly refurbished single storey office with glazed frontage to Buckhold Road incorporating a WC and kitchen.

Ubicación

Wandsworth is a popular suburb of south west London lying about 5 miles south west of Central London. It can be accessed via the A205 and A3, of which Wandsworth High Street forms part. The area is well served by numerous bus routes as well as rail and underground services at Wandsworth town station and East Putney Underground Station, both of which are a within a few minutes' walk.

The property commands a prominent position on the south side of Wandsworth High Street at its junction with Buckhold Road. Tesco Express and the Southside Shopping Centre are both next door, with occupiers including TK Maxx, Costa, KFC, Boots, Cineworld and McDonalds.

Planificación

Wandsworth Borough Council (020 8871 7620) www.wandsworth.gov.uk

Estado de Ocupación

Freehold

Estado ocupacional

Datos adicionales

AddressFloorAccommodationSizeTenancyRentPA
TOTAL    £67,600
107-109 Wandsworth High StreetGroundRetail127.71 sq m (1,374 sq ft)Let to Ladbrokes Betting and Gaming Ltd for 5 years from 24/06/2017 (1) £28,000
Rear office (Buckhold Road)GroundOffice
Kitchenette
WC
12.07 sq m (130 sq ft)Let for 5 years from 20/12/2020£9,600 (2)
107a Wandsworth High StreetFirstResidentialTwo bedroom flatAST (refer to legal pack)£30,000

(1) The tenant trades from about 3,500 stores throughout England, Scotland and Wales under the Ladbrokes and Coral brands and for the year ending 31/12/2019 reported a turnover of £983.37 million, a pre-tax profit of £503.75 million and shareholders' funds of £1.19 billion (source: Companies House)

(2) There is a 6 month free period from the commencement date

Impuestos

Por favor refiérase a los documentos legales

Detalles de BER

Ground floor shop - Rating 51 Band C

First floor flat - Rating 29 Band F

Rear office - 52 Band C

Enlaces Útiles

*Términos y Condiciones

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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