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Lot 20 Click here for addendum

Vacant Office/Commercial Unit
6 Week Completion

Situation

Located within this modern Wandsworth Riverside Quarter development accessed off Putney Bridge Road. The development comprises approximately 500 new homes and is adjacent to the River Thames and within 10 minutes walking distance to Wandsworth Town Rail Station (South Western Railway) and East Putney Underground Station (District Line).
Wandsworth is a popular and bustling town centre located approximately 1 mile east of Putney and 5 miles south-west of central London.

Property

Forming part of a modern mixed-use development comprising a Ground Floor Office/Commercial Unit (see Note 1) fitted out to a high standard (see Note 2).

Accommodation

Ground Floor Office/Commercial Unit
Open Plan Reception
4 Rooms (3 of which include a wash basin)
Kitchenette with integrated fridge
Utility Room with washer/dryer
WC
GIA Approx. 820 sq ft

VAT - Refer to Auctioneers

Tenure

Leasehold for a term of 999 years from 1st January 2012 at a current ground rent of £450 p.a. subject to periodic increases.

Offered with Vacant Possession

Note 1: The Lease allows the property to be used as Offices, for Therapy and for Pilates.

Note 2: The Vendor spent circa £100,000 fitting out the premises to include partitioning, wood flooring and electric wall heaters.

VIRTUAL TOUR

Click here to view the virtual tour of the property.

Enquire about this lot:

JOINT AUCTIONEER:
Savoy Stewart
Tel: 020 7495 3666 Ref: Darren Best
db@savoystewart.co.uk

*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.

Unit 7, 5 Eastfields Avenue, Wandsworth, London SW18 1FU