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Lot 30

Vacant Shop & Self-Contained Office
6 Week Completion

Situation

Located in a prominent trading position within this established parade, close to the corner of Chase Road, just off the busy Southgate Roundabout and being diagonally opposite Southgate Underground Station (Piccadilly Line).
Nearby multiples include Marks & Spencer Food Hall (which has a pay & display car park), Ladbrokes, Paddy Power, Burger King, Caffe Nero, William Hill, Subway and Nando's as well as a host of independent retailers.
Southgate is a popular suburb which lies approx. 8 miles north of central London.

Property

A terraced building comprising a Ground Floor Shop with separate front access to a Self-Contained Office on the first floor.
In addition, the property benefits from rear access via a service road.

VIDEO TOUR

Click here to view the video tour of the ground floor shop.

Click here to view the video tour of the first floor office.

Accommodation

Ground Floor Shop
Gross Frontage	19'9”
Internal Width	15'3”
widening to	18'7”
Shop Depth	42'4”
Built Depth	55'4”
WC
First Floor Office
3 Rooms
Kitchen
Area Approx	465 sq ft
2 WCs

VAT is NOT applicable to this Lot

Tenure

Leasehold for a term of 99 years from 25th December 1932 (thus having approx. 6¾ years unexpired) at a fixed ground rent of £25 p.a.

Offered with Vacant Possession

Enquire about this lot:

JOINT AUCTIONEER:
Williamson Dace Brown
Tel: 020 8886 4407 Ref: Tom Dace
thomas@wdbproperty.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.

3/3a Dennis Parade, Winchmore Hill Road, Southgate, London N14 6AA