Auction Wednesday, 24th October 2018 commencing at 12pm - T: 020 8492 9449 - Barnett Ross
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Auction
Wednesday, 24th October 2018
commencing at 12pm
Venue: Auctioneers:
Change of
venue for The Montcalm Hotel John Barnett FRICS
October 2018 34–40 Great Cumberland Place Jonathan Ross MRICS
Auction only
Marble Arch
London W1H 7TN T: 020 8492 9449
Current Auction: Wednesday, 24th October 2018 Forthcoming Auctions: Thursday, 13th December 2018 Thursday, 28th February 2019
Barnett Ross Catalogue October 2018
Wednesday, 24th October 2018
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October 2018
auction only
n St.
Bryansto Bond Street
Marble Arch
The Montcalm Hotel
34–40 Great Cumberland Place
Marble Arch
London W1H 7TN
commencing at 12pm
Contents
Notice to all Bidders 2
Important information 3
Meet the Team 4
Order of Sale 6
Lots 1–56 15–80
EPC Appendix 81
General Conditions of Sale 82–83
Barnett Ross Results 84
Memorandum 85
1
Notice to all Bidders
1. Please note the General Conditions of Sale which are a. ‘Reserve below’ which means the ‘Reserve’ will be below the
included with this catalogue and the Special Conditions shown amount.
of Sale which are available on request. An Addendum will
b. A single price figure where the ‘Reserve’ is not to exceed it.
be made available on the Auction Day and the bidder should
check whether the lot which he/she is interested in bidding for c. A single price figure with a + symbol where the ‘Reserve’ is
is included. not to exceed that figure by more than 10%.
2. Prospective purchasers are assumed to have inspected the d. A minimum and maximum price range where the ‘Reserve’
properties in which they are interested and to have made all is to be within that range.
usual pre-contract searches and enquiries.
The Seller’s expectation as to the sale price may change
3. The successful Bidder is Bound under Contract as soon as during the marketing period as a result of interest received
the Auctioneer’s gavel falls on his/her final bid. Immediately from prospective Buyers. Therefore, the Seller may increase
thereafter the successful Bidder will be handed a Form to fill or decrease the ‘Reserve’ at any time up to just before
out supplying details of his/her name and address together bidding commences. If the ‘Reserve’ becomes fixed at a
with (if different) the name and address of the purchaser and level that makes the ‘Guide’ misleading, the Auctioneers will
those of his/her solicitors. He/she must also supply a cheque subsequently issue a revised ‘Guide’ as soon as is practicable.
for the deposit, which we will hold at our office. The bidder Accordingly, prospective bidders should monitor the ‘Guide’
will be given our bank account details and must arrange with the Auctioneers prior to the Auction taking place via our
to transfer the deposit monies to our client bank account website at barnettross.co.uk
the following day by way of a ‘same day CHAPS payment.’
10. In addition to the purchase price the Buyer or Bidder will be
Once these funds are received we will shred your cheque.
liable to pay Barnett Ross Ltd a non-refundable administration
4. The information from the Form will be used to complete a fee as specified on the Particulars of Sale and there may also
memorandum of contract similar to the one at the back of be additional non-optional fixed or variable fees and costs. To
this catalogue which the purchaser must sign and hand to establish the full cost of purchasing a property please inspect
the Auctioneer’s staff prior to leaving the room. the special conditions of sale and all other documentation
in the legal pack. Please also refer to the addendum at
5. If the Purchaser’s memorandum of contract is not signed, the
barnettross.co.uk for updates.
Auctioneer, or any person authorised by them, will sign the
memorandum of contract on behalf of the Bidder/Purchaser. 11. If a Bidder cannot attend the Auction and wishes to make
a telephone or proxy bid, then arrangements should be
6. The Auctioneers endeavour to have copies of title documents,
made on a form available from the Auctioneers prior to
leases, licences etc. and a local search available for inspection
the sale.
at their offices and in the auction room. It is recommended that
anyone wishing to inspect such documents should telephone 12. The purchaser is usually responsible for insurance on the
first to ensure that the required documents are available. property as and from exchange of contracts. We are usually
aware of the existing cover and can often arrange cover
7. If any Bidders are intending to come to the Auction
immediately on the day at attractive rates.
for a specific lot they are advised to checkwith the
Auctioneers on the morning of the sale to ensure that the 13. Energy Performance Certificates (EPCs) – The Asset
particular lot will be offered at the Auction as a lot can be Rating for the EPCs that were available for lots at the time the
sold or withdrawn at any time prior to being offered. catalogue was printed are displayed in the ‘EPC Appendix’ at
the rear of the catalogue. EPCs for all lots can be viewed by
8. Some plans or extracts from plans in this catalogue are based
accessing the ‘Request Legal Pack & EPC’ facility displayed on
upon the Ordnance Survey Map with the sanction of the
each lot page on our On-line Catalogue.
Controller of H.M. Stationery Office Crown Copyright reserved.
14. Any personal information provided to us in respect of an
9. Reserve
offer or purchase may be passed to our client and/or their
The ‘Reserve’ is the minimum figure for which a property
representative. More information on how we hold and process
can be sold as agreed between the Seller and the Auctioneer.
your data is available on our website at barnettross.co.uk
The ‘Reserve’ is not disclosed and remains confidential
between the Seller and the Auctioneer. 15. In respect of Lots A, 5, 6, 16, 18 & 53 there is a disclosure
under the Estate Agents Act 1979 contained in the Special
Conditions of Sale.
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:
2
Barnett Ross Catalogue October 2018
Telephone bids
If you wish to bid by telephone or instruct
us to bid on your behalf, please download
a Telephone Bidding Form from our
website at barnettross.co.uk and return
it to us, with your deposit cheque and ID,
A very warm
two days before the Auction.
If you cannot download the Form or need
welcome to our
assistance completing it, telephone the
Auction Team on 020 8492 9449.
October 2018
Auction.
To be added to We are delighted to offer for sale 57 lots on
our mailing list instructions from a range of our valued clients.
please send your
This catalogue features a wide variety of
email request to investments including retail, commercial and
info@barnettross.co.uk residential opportunities.
We look forward to seeing you on
Wednesday, 24th October at the The
Montcalm Hotel.
Follow the auction
live online at
barnettross.co.uk Proof of Identity
Unfortunately it is not possible
to bid from the screen. The Purchaser (and the Bidder if different to the Purchaser) is to provide one
original document from each column below.
Proof of name Proof of address
–– Passport –– Driving Licence (only supply if
–– Photocard Driving Licence Passport is provided for ‘Proof
of name’)
–– A utility bill issued within the last
three months (excluding mobile
phone bill)
Further checks in accordance with current Anti-Money Laundering
Regulations may be required if the Purchaser is not an individual such as a
company, partnership or trustee.
Contact Barnett Ross on 020 8492 9449 for further details.
3
Barnett Ross Catalogue October 2018
Since our first auction in 2002 we have sold over
£1.6 billion of property which includes the sale of a
block of 65 flats at Okehampton Close, Finchley, London
N12 9TX for £20,425,000 in May 2018 – the highest value
lot ever sold by auction in the U.K.
Meet the team.
John Barnett FRICS Jonathan Ross MRICS Steven Grossman MRICS
Auctioneer and Director Auctioneer and Director Director
jbarnett@barnettross.co.uk jross@barnettross.co.uk sgrossman@barnettross.co.uk
Elliott Greene BA (Hons) Joshua Platt BSc (Hons) Zac Morrow
egreene@barnettross.co.uk jplatt@barnettross.co.uk zmorrow@barnettross.co.uk
Samantha Ross Carol Fass
info@barnettross.co.uk info@barnettross.co.uk
Barnett Ross T: 020 8492 9449 Follow us on Twitter @barnettross
7 Cadbury Close F: 020 8492 7373
High Road E: info@barnettross.co.uk
Whetstone W: barnettross.co.uk
London N20 9BD
4
Practically
perfect.
Nobody’s perfect, but we’re pretty
close. So far in 2018, we’ve sold 92%
of all our properties available at
auction, including a 100% sale in May.
For expert advice, knowledge and experience, please
contact a member of the team on 020 8492 9449.
92
Barnett Ross
%
86 %
Allsop Commercial
78 %
Acuitus
Percentages based on commercial property sold between Jan 2018 - June 2018 (Source: EI Group)
Order of Sale Wednesday, 24th October 2018
Commencing 12.00pm
Lot
A Flats 1–30, County Heights, Hinton Road Bournemouth Dorset
1 98 Boundary Road St John’s Wood London NW8
2 68 Manor Road Bletchley Buckinghamshire
3 88 High Street Penge London SE20
4 41 London Road Morden Surrey
5 171 Greystoke Avenue, Southmead Bristol Avon
6 173 Greystoke Avenue , Southmead Bristol Avon
7 21–29 (odd) Whitehorse Lane South Norwood London SE25
8 319 Woodland Road, Cockerton Darlington County Durham
9 43 Friern Barnet Road New Southgate London N11
10 51 High Street West Bromwich West Midlands
11 58 Boscombe Road Shepherd’s Bush London W12
12 622/624 Uxbridge Road Hayes Middlesex
13 3 Orchard Street Preston Lancashire
178/178A, 180/180A, 182/182A, 184/184A, 186/186A
14 Watford Hertfordshire
St. Albans Road
15 289 Heathway Dagenham Essex
16 200 Ripple Road Barking Essex
17 Flat 2, 1 Westbourne Gardens, Westbourne Green Bayswater London W2
18 15 Wycombe Gardens Golders Green London NW11
19 36–50 Eccleshall Road Stone Staffordshire
20 9/11 Market Place Gainsborough Lincolnshire
21 13/15 Glenroy Avenue Colne Lancashire
22 30 Robin Close Romford Essex
23 Land at Nursery Gardens Welwyn Garden City Hertfordshire
24 34 Sangley Road Catford London SE6
25 95 Old Christchurch Road Bournemouth Dorset
26 1–7 Broadway and 5 Union Street Accrington Lancashire
27 23 Market Street Barnsley South Yorkshire
28 9 Frederick Street, Cascades Centre Rotherham South Yorkshire
6
Barnett Ross Catalogue October 2018
Lot
29 582 Longbridge Road Dagenham Essex
30 63A High Street Huntingdon Cambridgeshire
31 Flat 2, 5a Ivy Terrace, 10 Grove Road Eastbourne East Sussex
32 52/53 Market Street Loughborough Leicestershire
33 75 Fore Street Redruth Cornwall
34 63 High Street & 2 Emberton Street Wolstanton Staffordshire
35 190 Kilburn High Road Kilburn London NW6
36 30 Church Street Shildon County Durham
37 180 High Street New Malden Surrey
38 96a & 96b Ermin Street, Stratton St Margaret Swindon Wiltshire
39 19/21 Market Street Holyhead Anglesey
40 169 High Street Burton-upon-Trent Staffordshire
41 14 Newton Road, Great Barr Birmingham West Midlands
42 18 Sydenham Road Hartlepool Cleveland
43 49–51 Blackburn Road Accrington Lancashire
44 73 Waterloo Road Blyth Northumberland
45 9/11 Elm Road Aveley Essex
46 13/15 Elm Road Aveley Essex
47 17/19 Elm Road Aveley Essex
48 21/23 Elm Road Aveley Essex
49 4 Market Place Huddersfield West Yorkshire
50 6 Crown Street Northwich Cheshire
51 70/70a Gregson Avenue Gosport Hampshire
52 46 Ninfield Road, Sidley Bexhill-on-Sea East Sussex
53 187 Langney Road Eastbourne East Sussex
54 4 Belk Street Hartlepool Cleveland
55 108 Cleveland Street & 10a Warren Mews Fitzrovia London W1
56 167 Greystoke Avenue, Southmead Bristol Avon
7
Copy Legal Documentation
To obtain an immediate download:
If you wish to obtain the Special Conditions and/or the Legal Barnett Ross endeavour to dispatch all documents which are
Documents in respect of any lot please go to www.barnettross. received by us from the Vendors’ Solicitors subsequent to your
co.uk, then on our Home Page click on ‘Next Auction’, then click initial request. Prospective purchasers are advised to check
on the relevant lot number and finally click on ‘Request Legal whether any such outstanding documents have been received.
Pack & EPC’. Where available, a Document Pack for each lot can be inspected
at the Auction Sale.
The Special Conditions of Sale and/or the Legal Documents,
when available, are free to download. For further legal enquiries, please contact the relevant Vendor’s
Solicitor whose details are printed on each lot page.
Please refer to the Notice to all Bidders, inside this catalogue, and
also the General Conditions of Sale referred to at the end of the
catalogue in relation to all legal matters.
To obtain a paper copy by post:
If you would like to order a hard copy of the legal documents
please complete and return the following form to: the Ark
design & print
Legal Department, The Ark Design & Print Ltd,
Pudsey Business Park, 47 Kent Road, Leeds LS28 9BB
or call 0113 256 8712.
Note: There is a charge of £35 including VAT per lot for the hard
copy version of the legal documentation.
Please complete the form below using BLOCK CAPITALS: *Delete as appropriate
In respect of lot(s)
Please despatch to: Title (Mr, Mrs, Miss, Ms*)
Company
Address
Post code
Telephone Email
I enclose a cheque for £ payable to The Ark Design & Print Ltd or
Please debit £ from my Mastercard Visa
Card number
Card security code The final 3 digit number on the back of your card, on the signature strip.
Name as it appears on the card Signature
Expiry date /
Card address (if different from above)
Post code
Telephone
8At Barnett Ross we have Auction Results
dating back to the 1960s and are able to
provide Property Valuation Reports for a
variety of different requirements.
Do you need
a valuation of
your property?
With our extensive – Loans – 1982 CGT
market knowledge – Sales – Disputes
and experience, we – Probate – Divorce
can help you with – Transfers – Gifts (I.H.T.)
your requirements.
Contact John Barnett FRICS barnettross.co.uk
(Registered Valuer) 020 8492 9449
jbarnett@barnettross.co.ukIf you own a property and place the
Buildings Insurance, then let us try to
reduce your current premium without
compromising cover or service.
Paying too much
for buildings
insurance?
It costs nothing to get – Substantial Block Policy with
Axa Insurance resulting in
a quote, so contact competitive rates and generous
us before your next premium rebates.
renewal and we will – Dedicated claims line at our
be happy to assist. disposal for immediate response.
– All business handled by a
Chartered Surveyor with over
30 years experience.
Contact Jonathan Ross barnettross.co.uk
jross@barnettross.co.uk 020 8492 9449At Barnett Ross we regularly sell
Commercial and Residential properties
in our National Auctions on behalf
of Executors.
Maximise your
assets: sell
through auction.
If you are acting as – We can provide a ‘Red Book’
RICS Probate Valuation.
an executor we can
– If you subsequently sell
help you to maximise the property in one of our
your assets with a auctions, we will refund the
sale through auction. Valuation Fee.
Contact John Barnett FRICS barnettross.co.uk
(Registered Valuer) 020 8492 9449
jbarnett@barnettross.co.ukFed up with
property
finance
red tape?
We can help
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finance specialist
Suite 6, Forest Gate, London Rd, Chippenham, Wiltshire, SN15 3RSSPEED
MEETS
SERVICE FAST PROPERTY FINANCE
At Commercial Acceptances speed alone is not enough.
020 7655 3388
Speak straight to decision makers: a quick & personal service.
No arrangement fees, no extension fees and no end fees.
Interest charged from only 0.75% per calendar month.
Your property may be repossessed if you do not keep up on your mortgage repayments or any other debt secured on it. A rate from 0.75% will be chargeable on the amount borrowed
every calendar month. However rates are subject to change and will increase or decrease in line with movements in 3m LIBOR (The London Inter-Bank Offered Rate For Three Month
Sterling Deposits). Rates will be adjusted on each calendar month anniversary of the facility. The overall cost for comparison is 10.6% APR.Freehold for sale by public auction Auction Venue:
Wednesday, 24th October 2018 at 1pm The Montcalm Hotel
(Main Auction commences at 12pm) (unless sold prior) 34–40 Great Cumberland Place, Marble Arch,
For enquiries, please call 020 8492 9449 London W1H 7TN
Lot A Flats 1–30, County Heights, Hinton Road,
Bournemouth, Dorset BH1 2AJ
*Guide: £2,200,000+
6 week completion
Freehold Town Centre Residential Investment of 30 Flats
including 19 Self-Contained Flats
(4 × Studio, 12 × 1 Bed & 3 × 2 Bed)
let on ASTs producing £153,840 per annum
Auctioneers: Joint Auctioneers:
7 Cadbury Close, Whetstone, 337 Holdenhurst Road,
London N20 9BD Bournemouth,
Tel: 020 8492 9449 BH8 8BT
John Barnett FRICS: jbarnett@barnettross.co.uk Tel: 01202 611 373
Joshua Platt: jplatt@barnettross.co.uk Mark Goldsworthy: mark@mkestates.co.uk
COUNTY HEIGHTS BOURNEMOUTH INSERT.indd 1 03/10/2018 16:52The Pavilion Theatre Westover Gardens
View along Old Christchurch Road Bournemouth Pier
SITUATION TENURE
Located at the junction with Bath Road and Westover Road
1. FREEHOLD – The Freehold of the entire property is being
and opposite the iconic Royal Bath Hotel. The property is
offered for sale and is let as follows:
conveniently situated by the town’s prime leisure location which
• 30 Self Contained Flats (Flat numbers 1–30) each let
includes the Bournemouth Pavilion and Westover Park as well as
on a full repairing and insuring lease (by way of service
the Seafront which is only a few hundred yards distant. In addition,
charge) for a term of 125 years from 1st April 2012 at
the town’s multiple retail facilities in Old Christchurch Road are
a combined ground rent of £7,500 p.a. exclusive (£250
within a few minutes walk.
per flat) doubling every 25 years.
Bournemouth is a popular seaside resort and University Town
• Restaurant on upper and lower ground floors let on a
situated on the south coast approximately 30 miles south-west
full repairing and insuring lease for a term of 999 years
of Southampton and just under 6 miles east of Poole, enjoying
from 25th December 2001 at a fixed ground rent of
excellent road access via the A31 to the M27.
£1 p.a.
PROPERTY
2. 19 LEASEHOLDS – In addition to the Freehold, the 125
A substantial corner property comprising 30 Self-Contained
year leases of 19 Self-Contained Flats (4 × studio, 12 ×
Flats planned on ground and four upper floors together with a
1 bed and 3 × 2 bed) within the property are included
Restaurant on upper and lower ground floor levels.
in the sale, each of which have been sublet on ASTs
There is a section of the lower ground floor restaurant which is not
producing £153,840 p.a. as set out in the ‘Tenancies &
included in the Freehold Title.
Accommodation’ schedule opposite.
VAT is NOT applicable to this Lot
Note 1: This purchase may be subject to Stamp Duty Land
Tax Relief for Multiple Dwellings – Applicants should consult
their own advisors in this respect.
Note 2: A purchase by a Charity or Registered Social Landlord
may qualify for 100% Stamp Duty Tax Relief – Applicants
should consult their own advisors in this respect.
Note 3: There may be potential to add additional
accommodation on the roof, subject to obtaining the
necessary consents. Plans available from the Auctioneers.
Note 4: The Freeholder insures – current sum insured is
£5,969,354 and current premium is £8,372.57.
COUNTY HEIGHTS BOURNEMOUTH INSERT.indd 2 03/10/2018 16:52TENANCIES & ACCOMMODATION
(Relating to the sub-lettings of the 125 year leases of the 19 Self-Contained Flats)
Each flat has been refurbished to a high standard with independent Gas CH & Entry-phone system and benefits from use of
a new 4 person passenger lift.
Property Accommodation Lessee Term Ann. Excl. Rental Remarks
Flat 1 1 Bedroom, Living Room/Kitchen, Individual 6 months from £7,980 AST.
(Ground Floor) Bathroom/WC 14th February 2018 Holding over.
£765 Rent Deposit held.
Flat 2 1 Bedroom, Living Room/Kitchen, Individual 6 months from £7,200 AST.
(Ground Floor) Bathroom/WC 20th March 2018 Holding over.
£700 Rent Deposit held.
Flat 4 Studio Room/Kitchen, Bathroom/WC Individual 6 months from £7,500 AST.
(Ground Floor) 1st August 2018 £675 Rent Deposit held.
Flat 5 2 Bedrooms, Living Room/Kitchen, Individual 6 months from £9,900 AST.
(First Floor) Bathroom/WC 1st November 2018 £925 Rent Deposit held.
Flat 6 1 Bedroom, Living Room/Kitchen, Individual 6 months from £7,800 AST.
(First Floor) Bathroom/WC 7th November 2015 Holding over.
£595 Rent Deposit held.
Flat 9 1 Bedroom, Living Room/Kitchen, Individual 6 months from £7,200 AST.
(First Floor) Bathroom/WC 1st January 2012 Holding over.
Flat 10 1 Bedroom, Living Room/Kitchen, 2 individuals 6 months from £8,400 AST.
(First Floor) Bathroom/WC 22nd November 2016 Holding over.
£750 Rent Deposit held.
Flat 11 1 Bedroom, Living Room/Kitchen, Individual 6 months from £8,340 AST.
(First Floor) Bathroom/WC 29th September 2018 £695 Rent Deposit held.
Flat 13 1 Bedroom, Living Room/Kitchen, 2 individuals 6 months from £7,500 AST.
(Second Floor) Bathroom/WC 1st January 2014 Holding over.
Flat 14 2 Bedroom, Living Room/Kitchen, Individual 6 months from £9,300 AST.
(Second Floor) Bathroom/WC 1st December 2017 Holding over.
£850 Rent Deposit held.
Flat 17 Studio Room, Kitchen, Bathroom/WC Individual 6 months from £7,140 AST.
(Second Floor) 10th February 2018 Holding over.
£695 Rent Deposit held.
Flat 21 1 Bedroom, Living Room/Kitchen, Individual 6 months from £7,800 AST.
(Third Floor) Bathroom/WC 15th June 2018 £750 Rent Deposit held.
Flat 22 2 Bedrooms, Living Room/Kitchen, Individual 6 months from £9,900 AST.
(Third Floor) Shower/WC 9th June 2018 £925 Rent Deposit held.
Flat 23 Studio Room/Kitchen, Bathroom/WC Individual 6 months from £7,500 AST.
(Third Floor) 23rd August 2017 Holding over.
£675 Rent Deposit held.
Flat 24 1 Bedroom, Living Room/Kitchen, Individual 6 months from £8,340 AST.
(Third Floor) Bathroom/WC 1st June 2018 £795 Rent Deposit held.
Flat 25 Studio Room/Kitchen, Bathroom/WC Individual 6 months from £7,200 AST.
(Third Floor) 1st September 2018 £700 Rent Deposit held.
Flat 26 1 Bedroom, Living Room/Kitchen, Individual 6 months from £7,800 AST.
(Third Floor) Bathroom/WC 10th October 2018 £750 Rent Deposit held.
Flat 27 1 Bedroom, Living Room/Kitchen, Individual 6 months from £8,340 AST.
(Third Floor) Bathroom/WC 4th April 2018 Holding over.
£795 Rent Deposit held.
Flat 29 1 Bedroom, Living Room, Kitchen, 2 individuals 1 year from £8,700 AST.
(Fourth Floor) Bathroom/WC plus 22nd September 2018 £695 Rent Deposit held.
Roof Terrace 27' × 10' with Sea View.
Total:
£153,840
• Flat 18 (1 Bed Flat) is under offer at £145,000.
plus Freehold
• Flat 30 (2 Bed Flat) is under offer at £165,000. Ground Rents
from 30 Flats
(£7,500)
COUNTY HEIGHTS BOURNEMOUTH INSERT.indd 3 03/10/2018 16:52View from roof terrace of Flat 29 towards seafront
© Crown copyright. All rights reserved. Licence number 100040809 – Plan not to scale
Vendor’s Solicitors
Kirkwoods
Tel: 020 8954 8555 Ref: Richard Bridges
Email: richard@kirkwoods-solicitors.co.uk
The Surveyors dealing with this property are The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
General Conditions and Memorandum as per Barnett Ross Catalogue 24th October 2018
John Barnett and Joshua Platt *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page in Main Catalogue
COUNTY HEIGHTS BOURNEMOUTH INSERT.indd 4 03/10/2018 16:5298 Boundary Road, St John’s Wood, *Reserve below £240,000
Lot 1 London NW8 0RH By order of Executors
6 week completion
SITUATION PROPERTY
Located within this well-known commercial terrace in the heart of this A period end of terrace building comprising a Ground Floor Café
sought after residential area which is famous for Abbey Road and the with Basement and separate front access to 2 Self-Contained Flats
Beatles. Lord’s Cricket Ground, St John’s Wood Underground Station planned on the first and second floors (see Note).
(Jubilee Line) and the West End are all within close proximity.
VAT is NOT applicable to this Lot
FREEHOLD
TENANCIES & ACCOMMODATION
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks
Ground Ground Floor Café Chocolarr Ltd 10 years from £22,000 FRI
Floor Café & Gross Frontage 18'6" (2 personal 3rd October 2011 Rent Review October
Basement Internal Width 12'11" guarantors) 2016
Shop Depth 30'10" (Café & (Outstanding)
Built Depth 47'5" Chocolatier)
WC
Total Area Approx. 530 sq ft
Basement
(includes Seating, Office, Courtyard and
Vault Area)
Total Area Approx. 657 sq ft
First & Second 2 Flats – Not Inspected Various Each 189 years from Peppercorn Each FRI
Floor (see Note) 25th December 1972 Note: The two flats
are occupied as one
maisonette.
Total: £22,000
Vendor’s Solicitors
£22,000
DWFM Beckman Solicitors
Tel: 020 7408 8888 Ref: Glen Bayliss
per annum Email: glen.bayliss@dwfmbeckman.com
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Joshua Platt *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
1568 Manor Road, Bletchley, *Reserve below £225,000
Lot 2 Buckinghamshire MK2 2HR 6 week completion
Side garden
© Crown copyright. All rights reserved. Licence number
100040809 – Plan not to scale
SITUATION ACCOMMODATION
In a residential area opposite the junction with Pinewood Drive and Ground Floor
approx. ½ mile from both Fenny Stratford and Bletchley Railway Front Room 12'8" × 12'4"
Stations. Rear Room 12'0" × 11'5"
Bletchley is best known for Bletchley Park, the headquarters of Britain’s Lounge 12'0" × 16'1"
World War II codebreaking organisation, and now a major tourist Kitchen 7'2" × 17'6"
attraction. First Floor
Bletchley is a small suburb just south of Milton Keynes and approx. 50 Bedroom 1 11'6" × 12'2" (into Bay)
miles north of central London and benefits from good road links via the Bedroom 2 11'8" × 12'0"
M1 (Junction 13) just a short distance away. Bedroom 3 7'9" × 7'1"
Bathroom/WC 7'0" × 5'8"
PROPERTY
A detached 3 Bedroom House planned on ground and first floors and Plus Garage, Rear Garden and Side Garden
benefitting from:
TENANCY
• Parking for 3 cars
The entire property is let from 1993 to an Individual on a Regulated
• uPVC double glazing
Tenancy at a current rent of £8,142 per annum exclusive (£678.50
• Gas central heating
pcm).
• Garage
• Rear garden Note: The rent was last registered on the 14th March 2018
• Side garden with Future Development Potential
VAT is NOT applicable to this Lot
FREEHOLD
Vendor’s Solicitors
£8,142
Hamlins LLP
Tel: 020 7355 6000 Ref: Yvonne Raymond
per annum Email: yraymond@hamlins.co.uk
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Zac Morrow
16 *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page88 High Street, Penge, *Guide: £130,000+
Lot 3 London SE20 7HB 6 week completion
SITUATION TENANCY
Located in the southern end of this well known shopping centre which The property is let on a full repairing and insuring lease to Maxivise Ltd
includes Tesco, Superdrug, William Hill and many others. as Opticians (having 2 branches) for a term of 15 years from 9th
Penge is a fast improving popular residential area approx. 9 miles September 2011 at a current rent of £12,500 per annum exclusive.
south-east of central London.
Note: The sale will also include a 50% share in the Freehold
PROPERTY interest – See Special Conditions.
Forming part of a mid terraced building comprising a Deep Ground
Floor Shop. In addition, there are 4 Rear Rooms behind the Shop
which are used as Examination Rooms, an Office and Kitchen.
ACCOMMODATION
Ground Floor Shop
Gross Frontage 15'9"
Internal Width 10'2" (widening to 11'4")
Shop Depth 30'0"
Built Depth 67'0"
Area Approx. 625 sq ft
WC
VAT is NOT applicable to this Lot
TENURE
Leasehold for a term of 999 years from 31st March 2016 at a
peppercorn ground rent.
Vendor’s Solicitors
£12,500
Fahri LLP
Tel: 020 3813 8450 Ref: Ozan Fahri
per annum Email: ozan@fahrillp.com
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Joshua Platt *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
1741 London Road, Morden, *Reserve below £100,000
Lot 4 Surrey SM4 5HT In same ownership for 25 years
6 week completion
SITUATION VAT is NOT applicable to this Lot
Located in this prime retail thoroughfare opposite Morden Underground
TENURE
Station (Northern Line) and amongst a host of multiple traders including
Leasehold for a term of 99 years from 29th September 1931
Boots, Holland & Barrett, Santander, Sainsbury’s, Greggs, Wimpy,
(thus having approx. 12 years unexpired) at a fixed ground rent
Superdrug, KFC, Subway and Specsavers.
of £50 p.a.
Morden lies approximately 11 miles south-west of central London.
Note: In accordance with s.5B of the Landlord & Tenant Act 1987,
PROPERTY
Notices have been served on the Lessees and they have not
A mid terrace building comprising a Ground Floor Shop with separate
reserved their rights of first refusal. This Lot cannot be sold prior
access by way of a rear service road to 2 Self-Contained Flats on first
to the auction.
and second floors, together with a large Rear Yard.
TENANCIES & ACCOMMODATION
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks
Ground Floor Gross Frontage 19'6" Power Leisure 17 years from £18,000 FRI
Shop Internal Width 17'7" Bookmakers Limited 12th February 2013 Rent Reviews 2023
Shop Depth 75'3" (t/a Paddy Power) (by way of a reversionary & 2028
Built Depth 84'0" (having 500 branches) lease) Tenant’s Break
Area Approx. 1,320 sq ft (T/O for Y/E 2023
plus Store & Customer WC 31/12/2017 £807.5m,
Pre-Tax Profit £87.6m
and Shareholders’
Funds £61.6m)
No. 41a 1 Flat – Not inspected High Blue Limited 99 years (less 10 days) £375 FRI
(First Floor) from 29th September 1931
No. 41b 1 Flat – Not inspected Individual From & including 3rd Peppercorn FRI
(Second Floor) August 2018 to & including
18th September 2120
Total: £18,375
Vendor’s Solicitors
£18,375
Glovers Solicitors LLP
Tel: 020 7935 8882 Ref: D. Smith
per annum Email: dsmith@glovers.co.uk
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
JOHN BARNETT and ELLIOTT GREENE
18 *Refer to points 9 and 10 in the ‘Notice to all Bidders’ pageLots 171 & 173 Greystoke Avenue, To be offered as 2 Separate Lots
Reversionary Ground Rent Investments
5&6 Southmead, Bristol BS10 6BA 6 week completion
Lot 5 Lot 6
No. 171 No. 173
SITUATION
Occupying a prominent corner position at the junction with Arnside
Road, opposite Tesco Express and amongst such multiples as
Greggs, McColls, Aldi, Pizza Hut, Lloyds Pharmacy and a host of
local traders.
Southmead is a densely populated residential suburb of Bristol, located
approx. 3 miles north of the city centre.
PROPERTIES
Two adjoining buildings each comprising a Ground Floor Shop with
a 2 storey Upper Part at first and second floor level.
VAT is NOT applicable to these Lots
FREEHOLD
Lot 5 Lot 6
TENANCIES & ACCOMMODATION No. 171 No. 173
Lot Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks
Lot 5 No. 171 Ground Floor Shop Decka Ltd 99 years from £41 FRI
*Reserve Gross Frontage 17'10" (t/a Cash 24th June 1951 Valuable
below £30,000 Built Depth 33'3" Generator) Reversion in
First and Second Floor under 32 years
Accommodation
Lot 6 No. 173 Ground Floor Shop Decka Ltd 99 years from £36 FRI
*Reserve Gross Frontage 17'4" (t/a Cash 24th June 1951 Valuable
below £30,000 Built Depth 22'0" Generator) Reversion in
First and Second Floor under 32 years
Accommodation
Vendor’s Solicitors
Ref: Alison Sandler
Tel: 020 8906 4411
Email: a.sandler@grgroup.co.uk
The Surveyors dealing with these properties are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) per Lot upon exchange of contracts
John Barnett and Jonathan Ross *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
1921–29 (odd) Whitehorse Lane,
Lot 7
In same family ownership for 45 years
South Norwood, London SE25 6RD Redevelopment Potential
SITUATION Note 1: Plans (available on request) have been prepared for the
Located at the junction with Thirsk Road being just a short walk from following:
the High Street (B266) whereby a host of both multiple and local
Development 1: Ground Floor: Supermarket (3,368 sq ft)
shopping facilities can be found. Crystal Palace Football Stadium
(undergoing a massive refurbishment – see Note 2) is approx. ¼ mile First Floor: 5 × 1 bedroom flats
distant located further down Whitehorse Lane and Thornton Heath (each 538 sq ft)
Railway Station is within easy reach.
Second Floor: 5 × 1 bedroom flats
South Norwood lies approx. 10 miles south-east of central London.
(each 445 sq ft)
PROPERTY
Third Floor: 5 × 1 bedroom flats
Forming part of a 2 storey parade comprising 5 Ground Floor Shops
(each 445 sq ft)
and 6 Flats arranged as follows:
• No. 21: Ground Floor Shop with internal access to a Flat on the Artist’s impression of Development 1
first floor.
• No. 23: Ground Floor Shop with internal access to a 3 Bed Flat on
part ground and first floor level.
• No. 25: Ground Floor Shop with separate rear access to
2 Self-Contained Flats (Flat 25a on ground floor & Flat 25b on
first floor). There is also a rear detached single storey brick store.
• Nos. 27/29: Ground Floor Corner Double Shop and rear Garage/
Workshop with a roller shutter door providing vehicular access
from Thirsk Road. There is separate side access to 2 Flats (1 Self-
Contained) on the first floor.
Development 2: Entirely residential with four floors totalling
Each unit benefits from use of the front forecourt (9ft deep) and a 20 flats.
shared rear alleyway providing access to the flats.
Note 2: Development at Crystal Palace FC is for an additional
VAT is NOT applicable to this Lot 8,225 spectators and additional floor place internally. In addition,
there will be the reorganisation of the club and supermarket car
FREEHOLD
park and site accesses from Holmesdale Road and within the
car parking area from Whitehorse Lane as well as the creation
of accessible seating within the Whitehorse Lane Stand. This
should therefore improve the area considerably.
20*Reserve below £1,200,000
6 week completion
© Crown copyright. All rights reserved. Licence number 100040809 – Plan not to
scale
TENANCIES & ACCOMMODATION
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks
No. 21 Ground Floor Shop W. Champion 5 years from £14,000 Law Society Lease
(Shop & Flat) Gross Frontage 18'0" (Bed Shop) 1st June 2007 (Tenant to maintain
First Floor Flat and paint internally and
Not Inspected externally every 5 years).
Plus timber store buildings to the rear. Holding over.
No. 23 Ground Floor Shop B. M, V. M. & A. P. 20 years from £9,500 FRI
(Shop & Flat) Gross Frontage 16'0" Patel 25th March 1987 Holding over.
Internal Width 15'10" (Newsagent /
Shop & Built Depth 26'5" Convenience
WC Store)
Part Ground & First Floor Flat
3 Bedrooms, Kitchen/Living Room,
Conservatory, Bathroom/WC
Plus Rear Store
No. 25 Ground Floor Shop A. Hussain 15 years from £11,000 FRI
(Shop & Gross Frontage 16'4" (Hair Salon) 29th September 2001 Holding over.
2 Flats) Internal Width 15'2" Rent Review 2016 (Not
Shop Depth 26'3" actioned)
narrowing at rear
WC
2 Flats – Ground & First Floor
Not Inspected
Plus Rear Store 15 × 8
No. 27/27a Ground Floor Shop FRI
(Shop & Flat) Gross Frontage 33'0" (incl. No. 29) Holding over.
Internal Width 15'1"
Shop Depth 26'3" Note 3: No 29 is sublet
WC & ext. WC (Disused) as a Barber shop at
First Floor Flat (No. 27a) £6,000 p.a. inclusive.
2 Rooms, Kitchen, Bathroom/WC P. L. Longford & 20 years from £22,500
A.R. Carruthers 29th September 1992 Note 4: Flat 27a is
No. 29/29a Ground Floor Shop
(Barbers & Tyre currently undergoing a
(Shop, Internal Width 15'3"
Depot) refurbishment.
Tyre Depot & Shop Depth 12'6"
Flat) Built Depth 28'3"
Note 5: Flat 29a is
Rear Tyre Depot
sublet to a Regulated
Area Approx. 872 sq ft
Tenant at a rental
First Floor Flat (No. 29a)
of £3,950.88 p.a.
2 Rooms, Kitchen,
exclusive.
Bathroom/WC (not self-contained)
Total: £57,000
Vendor’s Solicitors
£57,000
Howard Kennedy LLP
Tel: 020 3755 5660 Ref: Martin Philips
per annum Email: martin.philips@howardkennedy.com
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Joshua Platt *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
21319 Woodland Road, Cockerton, *Reserve below £115,000
Lot 8 Darlington, County Durham DL3 9AA Gross Yield 12.2%
6 week completion
SITUATION
Located close to the junction with Cockerton Green in this mixed The Property
commercial and residential area, adjacent to The Co-Operative
Food and amongst such other multiple retailers as Greggs, Age UK,
Cooplands, Heron Foods, William Hill and a host of local traders.
Cockerton lies approx. 1½ miles west of Darlington city centre and 12
miles west of Middlesbrough and benefits from excellent road links via
the A1(M) (Junctions 57 and 58).
PROPERTY
A mid-terraced building comprising a Ground Floor Shop with internal
access to a Preparation Room on the first floor. In addition, there is
a rear communal service area and a large public car park to the rear.
ACCOMMODATION
Ground Floor Shop
Gross Frontage 18'5"
Internal Width 17'3"
TENANCY
Shop & Built Depth 39'6"
The entire property is let on a full repairing and insuring lease to
WC
N.J. Alderson as a Butcher for a term of 20 years from 24th April
First Floor Preparation Room
2008 at a current rent of £14,000 per annum exclusive.
Area Approx. 300 sq ft
Rent Review and Tenant’s Break 2023.
VAT is NOT applicable to this Lot
Note: The tenant did not operate his April 2018 Break Clause.
FREEHOLD
Joint Auctioneers Vendor’s Solicitors
£14,000
Robert Irving Burns Nicholas & Co
Tel: 020 7637 0821 Ref: Anthony Reiff Tel: 020 7323 4450 Ref: Nick Nicholas
per annum Email: anthony.reiff@rib.co.uk Email: nick.nicholas@nicholassolicitors.com
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Joshua Platt
22 *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page43 Friern Barnet Road, New Southgate, *Reserve below £1,050,000
Lot 9 London N11 1ND Gross Yield 7.14%
On behalf of Trustees
SITUATION TENURE
Occupying a prominent position at the junction with Station Road, in Full repairing and insuring leasehold for a term of 999 years from
this retail parade serving this busy mixed commercial and residential 21st April 2015 at a peppercorn ground rent.
area, located approximately 7 miles north of central London.
TENANCY
New Southgate enjoys excellent road access via the A406 (North
The property is let to Co-operative Group Food Limited as a
Circular Road) and is well served by public transport with New
Supermarket (see Tenant Profile) on a full repairing and insuring
Southgate Station (National Rail) located opposite.
lease by way of service charge (capped at £2,000 per annum with
PROPERTY annual RPI reviews) for a term of 15 years from 20th April 2015 at a
Forming part of a residential development built in 2015 comprising a current rent of £75,000 per annum exclusive.
Ground Floor Supermarket with a prominent window frontage.
Rent Reviews 2020 and 2025
ACCOMMODATION
Tenant’s Break 2025
Ground Floor Supermarket
Gross Frontage 80'0" TENANT PROFILE
Internal Width 79'0" Co-operative Group Food Limited is a wholly owned subsidiary
Shop Depth 36'9" of Co-operative Group Limited which has 3,750 outlets.
Built Depth 81'2"
Note 1: The property may be of interest to SIPPS.
Sales Area Approx. 2,580 sq ft
Rear Ancillary Area Note 2: 6 Week Completion
(incl. WC, Offices, Freezer & Fridge
Stores, Bakery and Plant Room) Approx. 1,355 sq ft
Total Area Approx. 3,935 sq ft
VAT is applicable to this Lot
Vendor’s Solicitors
£75,000
Fidlaw LLP
Tel: 020 7952 2260 Ref: M. Dellapina
per annum Email: marco@fidlaw.co.uk
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Elliott Greene *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
2351 High Street, West Bromwich, *Reserve below £175,000
Lot 10 West Midlands B70 6NZ Gross Yield 13.7%
6 week completion
SITUATION PROPERTY
Located at the junction with the A4031 amongst a variety of local A mid terrace building comprising a Ground Floor Take-Away with
traders and within close proximity to a Premier Inn as well as Kings internal access to a Basement Store and separate rear access via
Square and Queens Square Shopping Centres which include multiples Nicholls Street to 2 Self-Contained Flats planned on the first and
such as Superdrug, Card Factory, Iceland, Boots and Holland & second floors.
Barrett.
VAT is NOT applicable to this Lot
West Bromwich lies approx. 4½ miles north-west of Birmingham
City Centre with excellent road links via the M5 (Junction 1) and M6 FREEHOLD
(Junction 8).
TENANCIES & ACCOMMODATION
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks
Ground Floor Gross Frontage 16'0" Mr T. Kirk 10 years from £12,000 FRI by way of service
Take-Away Internal Width 15'0" (Jamaican Take- 1st January 2014 charge (Law Society
Shop Depth 28'10" Away) (In occupation since Lease)
Built Depth 56'2" 2004)
WC
First Floor Flat 1 Bedroom with Ensuite Shower/WC, Individual 6 months from £6,517.86 AST
Kitchen/Living Room 16th May 2018 £500 Rent Deposit
held.
Second Floor 1 Bedroom with Ensuite Shower/WC, Individual 6 months from £5,400 AST
Flat Kitchen/Living Room 3rd August 2018 £675 Rent Deposit
held.
Total: £23,917.86
Joint Auctioneers Vendor’s Solicitors
Magon Commercial Ltd QualitySolicitors Davisons
£23,917.86 per annum
Tel: 07539 446148 Ref: Neel Magon
Email: info@magon.co.uk
Tel: 0121 685 1234 Ref: John Monington
Email: j.monington@qsdavisons.com
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
Joshua Platt and Steven Grossman
24 *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page58 Boscombe Road, Shepherd’s Bush, *Reserve below £1,000,000
Lot 11 London W12 9HU By order of Executors
In same family ownership since 1974
© Crown copyright. All rights reserved. Licence number
100040809 – Plan not to scale
SITUATION ACCOMMODATION
In this quiet backwater at the junction with Goodwin Road and Westville Ground Floor Shop
Road and running between Uxbridge Road and Goldhawk Road, close Gross Frontage 18'0"
to various parks and schools and approx. ¼ mile from Goldhawk Road Internal Width 16'2"
Underground Station (Circle and Hammersmith & City Lines). Shop Depth 29'0"
Shepherd’s Bush has undergone considerable regeneration in recent WC
years including the Westfield Shopping Centre development as well Lower Ground Floor Flat
as a number of high end residential developments and is only approx. Front Lounge 12'9" × 15'9"
4 miles from central London via the A40. Rear Bedroom 9'6" × 12'8"
Kitchen 6'3" × 7'8"
PROPERTY
Hallway 5'7" × 13'7"
A late Victorian corner building previously used as a Ground
WC plus Shower
Floor Shop with rear vehicular access to on site parking and to a
First and Second Floor Flat (Approx. 800 sq ft)
Self-Contained Flat on the lower ground floor (see Note 1) together
3 Rooms, Kitchen, Bath/WC and separate WC
with separate side access to a Two Storey Self-Contained Flat
(with gas central heating & uPVC double glazing)
planned on the first and second floors.
Note 1: The lower ground floor does not have planning
VAT is NOT applicable to this Lot
permission for residential but has been used as a flat since 5th
FREEHOLD offered with VACANT POSSESSION August 2013.
Note 2: Floor Plans available from Auctioneers as existing and
to convert to a single 5 bed house or to 3 flats (including new
third floor).
Note 3: 6 week completion
Vacant Former Shop Vendor’s Solicitors
Macrory Ward
& 2 Flats Tel: 020 8440 3258 Ref: Martina Ward
Email: martina@macroryward.co.uk
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Joshua Platt *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
25622/624 Uxbridge Road, Hayes,
Lot 12 Middlesex UB4 0RY
SITUATION
Located close to the junction with Shakespeare Avenue in this well
established parade, adjacent to Nationwide and close to such multiples
as KFC, Betfred, Post Office, Tesco Express, Lidl and Mecca Bingo
as well as a host of local traders.
Hayes lies approx. 4 miles from Heathrow Airport and 13 miles west
of central London and benefits from good transport links via the A40
and M4 (Junction 3).
PROPERTY
A mid-terraced building comprising a Ground Floor Shop with
separate rear access via a communal balcony to a Self-Contained
Flat on the first and second floors and an Aerial Mast on the roof.
In addition, the property includes a rear hardstanding area for parking
and unloading which can be accessed from a rear service road.
VAT is applicable to this Lot
FREEHOLD
© Crown copyright. All rights reserved. Licence number 100040809 – Plan not to scale
26*Reserve below £600,000
6 week completion
TENANCIES & ACCOMMODATION
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks
Ground Floor Gross Frontage 19'6" K. Singh Rajawansi 16 years from £28,876.57 FRI by way of service
Shop Internal Width 18'3" (with personal 22nd September (see Note 1) charge.
Shop Depth 43'2" guarantor) 2006 Rent Review April 2019
Built Depth 55'1" (Grocers) to greater of OMV or
Plus Store Room & WC £28,876.57.
£12,876 Rent Deposit
held.
Note 2: The tenant also
trades from adjoining
shop.
First and 2 Bedrooms, Living Room, Kitchen, Network Homes 99 years from £100 FRI by way of service
Second Floor Bathroom/WC Limited 1st July 2003 (rent doubles every charge.
Flat 25 years) Valuable Reversion in
approx. 84 years.
Aerial Mast Cornerstone 15 years from £14,000 Rent Reviews 2022 &
Telecommunications 21st March 2017 2027.
Infrastructure Limited Mutual Break 2020 and
(see Tenant Profile) 3 yearly on 12 months
prior notice.
Total: £42,976.57
Note 1: The rent is currently £24,893.60 until 1st April 2019 and TENANT PROFILE
the Vendor will make up the rent shortfall on completion. Cornerstone Telecommunications Infrastructure Limited (CTIL) was
founded in 2012 as a joint venture between Vodafone and Telefónica
to manage the network sites for both companies including the
consolidation of sites to create a single grid (Source: www.ctil.co.uk).
Vendor’s Solicitors
£42,976.57
Malcolm Dear Whitfield Evans
Tel: 020 8907 4366 Ref: Neil Evans
per annum Email: n.evans@mdwe-law.com
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
Steven Grossman and Jonathan Ross *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
273 Orchard Street, Preston,
Lot 13 Lancashire PR1 2EN
SITUATION PROPERTY
Located in the town centre on this pedestrianised retail thoroughfare A substantial mid terraced building comprising a Ground Floor Shop
amongst such multiple retailers as Greggs, Halifax, Amplifon, Card with Ancillary Accommodation at basement level. In addition, there
Factory and Coral as well as being just a few yards from Friargate is separate front access to a Self-Contained Upper Part on the first
which houses other retailers including McDonald’s, Caffe Nero, Wilko and second floors.
and an entrance to the St George Shopping Centre. The property benefits from rear access to an approx. 140 sq ft rear yard
The city of Preston lies approximately 30 miles north-west of and Lowthian Street.
Manchester.
VAT is NOT applicable to this Lot
FREEHOLD
TENANCIES & ACCOMMODATION
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks
Ground Ground Floor Shop Luxury Leisure 15 years from £33,000 FRI by way of service
Floor Shop & Gross Frontage 20'10" (Adult Gaming) 19th March 2018 charge.
Basement Internal Width 11'1" (t/a Admiral who Rent Reviews and
widening at rear to 43'5" trade from over Tenant’s Breaks 2023
Shop Depth 54'1" 230 branches) and 2028.
Built Depth 74'9" (T/O for Y/E Note: The tenant
Area Approx.1,688 sq ft¹ 31/12/17 £62.68m, also trades from the
Basement Store Pre-Tax Profit adjoining unit and
Area Approx.1,027 sq ft¹ £5.34m and recently extended into
Shareholders’ No. 3.
Total Area Approx. 2,715 sq ft¹
Funds £19.67m)
(Parent Company
– Novomatic UK
Limited – visit:
novomaticuk.com)
First & Second Not inspected 999 years from Peppercorn FRI
Floors completion We understand the upper
parts are being converted
into 6 flats.
¹Areas taken from VOA Total: £33,000
28*Reserve below £390,000
6 week completion
Copyright and confidentiality Experian, 2017. © Crown copyright and database rights 2017. OS 100019885.
Vendor’s Solicitors
AKL Solicitors
£33,000 per annum
Tel: 01582 454 365 Ref: Karen Smitham
Email: karen.smitham@akl.org.uk
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
Steven Grossman and Elliott Greene *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
29178/178A, 180/180A, 182/182A, 184/184A, 186/186A St. Albans Road,
Lot 14 Watford, Hertfordshire WD24 4AS
SITUATION
Part of Rear View
Located at the junction with Salisbury Road in this densely populated
residential area on this well-known main road (A412) amongst such
multiples as Tesco, Boots, Post Office and William Hill and approx.
1 mile from Watford town centre and the Intu shopping centre and
approx. ½ mile from Watford Junction Station.
Watford lies approx. 15 miles from central London benefitting from
good road links to the nearby M1 and M25.
PROPERTY
A late Victorian corner block of 5 Ground Floor Shops with rear
access to 5 Self-Contained Flats on the first floor each with gas
central heating and uPVC windows in all flats except two in rear of
No. 178a. In addition, there is rear vehicular access via a communal
service road plus 3 single Garages fronting Salisbury Road.
VAT is NOT applicable to this Lot
FREEHOLD
Note: In the Auctioneer’s opinion, there is future potential
for a complete redevelopment for a block of new residential
and commercial uses, or the flats could be extended into the
roof space and the garages could be redeveloped, subject to
obtaining possession and the necessary consents.
© Crown copyright. All rights reserved. Licence number 100040809 – Plan not to scale
30Reserve below £1,400,000
In same ownership since 1974
6 week completion
TENANCIES & ACCOMMODATION
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks
Nos. 178/178A Ground Floor Shop D. Aston 5 years from £18,000 FRI
Gross Frontage 16'10" (Electricals) 1st September 2017 Mutual Break 2020
Internal Width 16'3" (excl. s.24–28 L & T £2,000 Rent Deposit
Shop Depth 39'9" Act 1954) held.
Built Depth 46'9"
WC
No. 178A – First Floor Flat
1 Bedroom, Living Room, Kitchen/Diner
Bathroom/WC
Plus Garage 12' x 24'
Nos. 180/182 Ground Floor Double Shop Naturalbroad Ltd 6 years from £22,000 FRI
Gross Frontage 33'11" (with 2 guarantors) 1st August 2017
Internal Width 33'8" (Carpets) (excl. s.24–28 L & T
Shop Depth 27'6" Act 1954)
Built Depth 50'0"
WC
No. 180A – First Floor Flat Individual 1 year from £9,600 AST
2 Bedrooms, Living Room, Kitchen, 30th July 2018 £800 Rent Deposit held.
Bathroom/WC
No. 182A – First Floor Flat Individual 1 year from £9,600 AST
2 Bedrooms, Living Room, Kitchen, 24th November 2017 £800 Rent Deposit held.
Bathroom/WC
No. 184 Ground Floor Shop Cakenation Ltd 15 years from £13,000 FRI
Gross Frontage 17'1" (Bakery) 31st March 2016 Rent Reviews 2021
Internal Width 15'6" and 2026.
Shop Depth 44'0" Tenant's Break 2021.
Built Depth 50'0" £6,500 Rent Deposit
WC held.
Plus Garage 7'9" x 12'9"
No. 184A – First Floor Flat Individual 1 year from £9,600 AST
1 Bedroom, Living Room, Kitchen/Diner, 29th August 2018 £775 Rent Deposit held.
Bathroom/WC
Nos. 186 Ground Floor Shop T. Khawja (with 10 years from £10,750 FRI
Gross Frontage 17'3" guarantor) 7th February 2012 Rent Review 2017 (Not
Internal Width 16'8" t/a Mail Boxes Etc (excl. s.24–28 L & T yet actioned).
Shop Depth 31'6" Act 1954) £3,583 Rent Deposit
Built Depth 50'0" held.
WC
Plus Garage 7'9" x 12'9"
No. 186A – First Floor Flat Individual 1 year from £9,300 AST
2 Bedrooms, Living Room Kitchen, 15th June 2018 £725 Rent Deposit held.
Bathroom/WC
Total: £101,850
Vendor’s Solicitors
£101,850
Royds Withy King
Tel: 020 7583 2222 Ref: Bharat Nahar
per annum Email: bharat.nahar@roydswithyking.com
The Surveyors dealing with this property are For legal documents, please refer to page 8 of this catalogue
The successful Buyer will be liable to pay the Auctioneers an administration fee of £750 (including VAT) upon exchange of contracts
John Barnett and Joshua Platt *Refer to points 9 and 10 in the ‘Notice to all Bidders’ page
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