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Lot 12

Freehold Former 5,038 sq ft Private Members Club with Residential Development Potential
6 week completion

Situation

Located at the junction with Charlbert Street being less than 200 yards from St John's Wood High Street with its popular shops, cafés and restaurants.
Lord's Cricket Ground, Regent's Park and St John's Wood Underground Station (Jubilee Line) are all within close proximity.
St John's Wood is a highly sought after and desirable residential area being approx. 1½ miles from the West End.

Property

An impressive corner building comprising a Former Private Members Club on Basement, Ground, First and Second Floors.

VIDEO TOUR

Click here to view the video tour of the ground, first and second floors.
Click here to view the video tour of the basement.

Accommodation¹

Basement (restricted headroom approx. 5'9”)
GIA Approx. 1,103 sq ft
Ground Floor
GIA Approx. 1,491 sq ft
First Floor
GIA Approx. 1,276 sq ft
Second Floor
GIA Approx. 1,168 sq ft

Total GIA Approx. 5,038 sq ft

¹Areas provided by Vendor

VAT is NOT applicable to this Lot

FREEHOLD offered with VACANT POSSESSION

DEVELOPMENT POTENTIAL

The Vendor has drafted a Pre-Application and Floor Plans for the conversion of the property to 2 Houses:

• 1 x 2,734 sq ft 3 Bed 5 storey House with Roof Terrace.

• 1 x 2,583 sq ft 3 Bed 5 storey House with Roof Terrace.

Click here to view the existing and proposed floor plans.

The property may also lend itself to conversion to Flats, subject to obtaining 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.

74 Allitsen Road, St John’s Wood, London NW8 7BG