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Lot 31

6 Week Completion

Situation

Located close to the junction with High Street, opposite Lloyd's Bank and Nando's and amongst such multiples as William Hill and a host of local traders as well as being just a short walk from Epsom Train Station (South Western Railway and Southern Lines).
In addition, the property is just a few yards from the multiple retailers in the High Street which include Pret A Manger, Starbucks, McDonald's, Santander and JD Sport.
Epsom is a busy and prosperous suburban town located approx. 7½ miles south of Kingston-upon-Thames and 16 miles south-west of central London and enjoys excellent road access via the M25 (Junction 9) and the A24.

Property

A mid terraced building comprising a Ground Floor Shop with internal access to Ancillary Storage at first floor level.

Accommodation

Ground Floor Shop
Gross Frontage 15'10"
Internal Width 14'5"
Shop Depth 37'1"
Built Depth 40'4"
First Floor Ancillary
Area Approx 475 sq ft
WC

VAT is NOT applicable to this Lot

FREEHOLD

Tenancy

The entire property is let on a full repairing and insuring lease to
J. & S. Joshi as a Health Food Shop for a term of 42 years from
25th March 1979 at a current rent of £20,000 per annum exclusive.

Note: The lessees have been in occupation for over 30 years.

*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.

1 Waterloo Road, Epsom, Surrey KT19 8AY