Online auction date: 24 May 2022. Bidding opens at 11:00am and closes at 12:00noon. By AUCTION PROPERTY LONDON -www.auctionproperty.co.uk
We are offering a long leasehold opportunity with this commercial property which has an 800 sq ft (approximate) warehouse / factory with Phase 3 electrics. The second building offers offices and storage.
The property has B1 Office use and has been modified to provide space for light industrial machinery.
Outside, there is a yard and car parking space.
Offered with vacant possession.
The property is situated in a predominantly commercial area of Croydon, so other uses may well apply, subject to planning.
All local amenities are within easy reach.
EPC Rating - see legal pack
FOR SALE BY ONLINE AUCTION ON 24 MAY 2022 – BIDDING OPENS AT 11:00AM AND CLOSES AT 12:00 NOON.
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 020 3011 2469
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 £1200 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.