Online auction date: 30th September 2020 at 12:30pm. By TOWN AND COUNTRY PROPERTY AUCTIONS LONDON -https://www.townandcountrypropertyauctions.co.uk/london/
All bidders must register beforehand. Please visit our website for further details.
An established restaurant situated within a very busy parade of shops and other similar eateries. Plenty of parking. The area is full of residential homes and this provides a regular clientele.
This is a great investment opportunity consisting of two adjoining lock up retail/ restaurant premises.
New 15 year lease rent is £30,000.00 exclusive.
Currently let out to to Punto Italian restaurant.
The two separate flats above are being sold on long leases.
EPC - C (Commercial)
Online auction date: 30th September 2020 at 12:30pm.
All bidders must register beforehand by clicking ‘Log in / register to bid’ and following the prompts.
Bidding is also available by way of telephone and proxy.
Please note that wherever possible viewings will be by virtual tour. Any viewings that we do conduct in person will follow current Government guidelines.
For further information please contact our auction team on 02030 111499.
Exchange And administration fee information: (plus fees)
Buyers Admin Fee Applies Upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyer's Admin Fee of £900 inc VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges. These may include, but are not limited to, Value Added Tax (VAT), Stamp Duty, ground rents, rent arrears/apportionment of rent, outstanding service charges, sellers search costs/disbursements, reimbursements of sellers solicitors, auctioneer costs, buyer’s premiums or reservation fees.