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Lot 14 Click here for addendum

In same ownership since 1974
6 Week Completion

Situation

Located at the junction with Salisbury Road in this densely populated residential area on this well-known main road (A412) amongst such multiples as Tesco, Boots, Post Office and William Hill and approx. 1 mile from Watford town centre and the Intu shopping centre and approx. ½ mile from Watford Junction Station.
Watford lies approx. 15 miles from central London benefitting from good road links to the nearby M1 and M25.

Property

A late Victorian corner block of 5 Ground Floor Shops with rear access to 5 Self-Contained Flats on the first floor each with gas central heating and uPVC windows in all flats except two in rear of No. 178a. In addition, there is rear vehicular access via a communal service road plus 3 single Garages fronting Salisbury Road.

VAT is NOT applicable to this Lot

Freehold

Note: In the Auctioneer's opinion, there is future potential for a complete redevelopment for a block of new residential and commercial uses, or the flats could be extended into the roof space and the garages could be redeveloped, subject to obtaining possession and the necessary consents.

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

178/178A, 180/180A, 182/182A, 184/184A, 186/186A St. Albans Road, Watford, Hertfordshire WD24 4AS