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Lot 8

Vacant Approx. 2,975 sq ft Self-Contained Offices – Under £130 psf
6 Week Completion

Situation

Occupying a prominent position close to the junction with Station Road, directly opposite Lidl and being close to The Broadwalk Shopping Centre and Edgware Underground station (Northern Line).
Edgware is a sought-after area approximately 9½ miles north-west of central London and benefitting from excellent transport links via the A41 and the M1 (Junction 4).

Property

Forming part of a 9-storey purpose-built Office Block comprising a Self-Contained Office Suite (currently partitioned into a large open plan area together with several partitioned offices) occupying the entire third (excluding common parts) which is approached from a fully refurbished and upgraded entrance foyer.

Accommodation

Third Floor Self-Contained Office
Area Approx. 2,975 sq ft
Plus 6 Parking Spaces in the rear car park

Amenities include:

2 Passenger lifts
Double glazing
Electric heating
2 Kitchens
Suspended ceilings with LED lighting
Window blinds
Shared male, female & disabled WCs
Excellent natural light

In addition, the property includes 6 Parking Spaces located in the car park to the rear of the building.

Video Tour

Click here to view the video tour of the property.

VAT is applicable to this Lot

Tenure

Leasehold for a term of 999 years from 1st November 1995 (thus having approx. 969 years unexpired) at a fixed ground rent of £100 p.a.

Offered with Vacant Possession.

Enquire about this lot:

JOINT AUCTIONEER:
Petermans
Tel: 020 8958 5040 Ref: Howard Peterman
howard@petermans.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.

3rd Floor, Elizabeth House, 54-58 High Street, Edgware, Middlesex HA8 7EJ