Sold Prior
- Garages
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
9 Freehold Garages Sold Off on Long Leases Producing a Combined Income of £22.50 Per Annum
The property comprises 9 freehold garages which have been sold off on long leases.
Tenure
Freehold
Location
The garages are situated on a residential cul-de-sac close to local shops and amenities. The open spaces of Victoria Park are within easy reach. Transport links are provided by Torre rail station.
Planning
A planning application has been submitted for the erection of two further garages. A decision for this application is pending. Auction House London make no representations or warranties with regard to this scheme and/or the validity of the aforementioned application. Buyers must rely on their own enquiries with regard to any development potential, permissions required and previous planning history in respect of this site.
All 9 garages are sold off on 199 year leases from 1964 at a ground rent of £2.50 per garage. Please see the legal pack for further details.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
