Subasta
Icono favorito activo Icono favorito inactivo

Flank wall, 245 Lillie Road, Fulham, SW6 7LN

  • Subasta
  • Lote 09
  • Reino Unido
  • Tierra/Sitio
  • Comercial

Propiedad vendida antes de la subasta

Resumen de la propiedad

  • Prominent billboard on busy thoroughfare
  • Long lease of flank wall for sale
  • Let to JC Decaux UK Ltd
  • Suit investor
  • Currently producing £14,000 per annum

Contactar con nosotros

Mat Harris
Mat Harris
El equipo está para ayudarte
Caroline Abbott
Abogado del Vendedor

Contactar con nosotros

Mat Harris
Mat Harris
El equipo está para ayudarte
Caroline Abbott
Abogado del Vendedor

Descargas

Descripción de la propiedad

The advertising hoarding is located on the flank wall and has operated as a 48 sheet since 2002 - first as an Ultra Vision 48 sheet (rotating display), then as a scroller 48 sheet until 2018 when it was converted to a digital 48 sheet hoarding. 

Ubicación

Lillie Road is a street in the north of Fulham, in the London Borough of Hammersmith and Fulham. A mixed residential and commercial road, it is the westerly continuation of Old Brompton Road, running from Lillie Bridge to Fulham Palace Road (the A219). Its main junctions are with North End Road and with Munster Road at Fulham Cross. The billboard is located on the flank wall on 245 Lillie Road on its south side near its junction with Pellant Road and next to Sir John Lillie Nursery and Primary School in a mixed use area. West Brompton station with its District line and London Overground services are the eastern commencement of Lillie Road. There are also numerous London Buses passing the billboard.

Arrendamiento

The billboard is let to JC Decaux UK Ltd on a renewed lease from 03/01/2019 at £14,000 per annum payable quarterly in arrears - refer to the legal pack.

COMPANY PROFILE: JCDecaux is the number one outdoor advertising company worldwide, with more than 960,000 advertising panels in more than 80 countries. Source: www.jcdecaux.com. As at 31/12/2020 JC Decaux UK Limited reported an annual turnover of £232,444,000 and shareholders funds of £9,646,000 with about 647 employees. Source: Companies House.

Planificación

London Borough of Hammersmith and Fulham (020 87531081) www.lbhf.gov.uk

Estado de Ocupación

Leasehold for a term of 99 years from completion a nominal peppercorn ground rent

Impuestos

Por favor refiérase a los documentos legales

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.
días horas minutos segundo segundos Ofertas Cerradas