Property Auctions London, Property Auctioneers London, London Property Auctions, Property Auctions London

Lot 2 Click here for addendum

Freehold Investment - Asset Management Opportunity comprising 6 Units and Vacant Land
8 week completion

Situation

Occupying a prominent position at the junction with Shenley Hill in the heart of this popular shopping centre serving this surrounding affluent and sought after residential area.
Watling Street hosts multiple retailers as Gail's, Pizza Express, Wenzel's, Tesco Express, Hob Salons, Harpenden Building Society and a wide variety of independent retailers.
The property is adjacent to Radlett Station (Thameslink) with central London approx. 15 miles to the south.

Property

An attractive Grade II Listed corner building on a Site Area of approx. 10,200 sq ft comprising 6 Self-Contained Commercial Units (4 on ground and first floors and 2 on ground floor only).
The property includes areas for parking up to 8 cars together with Land to the rear of Nos. 243–251 Watling Street.

VIDEO TOUR

Click here to view the external video tour of the property.

VAT is NOT applicable to this Lot

FREEHOLD

*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.

OTHER MATTERS:

The plans and photographs shown in the catalogue are included in order to assist you in locating the Lot in question. They are not to be taken as drawn to scale and any arrows on plans or photographs are merely to assist you in finding the Lot, not for the purpose of indicating legal boundaries or which direction the lot is facing. The Auctioneers do not warrant or represent that any plans or photographs show the up to date position with regard to occupiers either for the Lot or for any other properties shown in such plans or photographs.

253 & 255 Watling Street and 11–13 Station Approach, Radlett, Hertfordshire WD7 7AL