For Sale By Auction | 14 February 2023 | Lot 3

Ground and Upper Ground Floor Offices, Creative... 124 Prince of Wales Drive, Battersea

Sold £353,000

  • Property For Sale

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Auction Closed

Viewing Times

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Online auction 14th February 2023Ground and Upper Ground Floor Offices – Now Understood To Be Used As Residential***To be sold on behalf of Lender Not in Possession – No access available and no viewings are possible*** Description Not inspected by Auction House, however, understood to comprise (originally) ground floor and mezzanine offices within a seven-storey detached building. We are informed that the property originally provided ground floor and upper ground floor offices situated at the front of the building, these are now believed to be incorporated in to Flats 17 & 18 at ground level (providing bedrooms) and at mezzanine level incorporated into flats 71 and 72 (providing reception / lounge / kitchen areas). It would appear that no planning or building regulation approval has been given to incorporate the offices into the flats. The property is to be sold as is. 1. The property being sold includes the superior leasehold interest (Title Number: TGL338375) and the sub-leasehold interest of the ground floor office (Title Number: TGL363059). Those interests will be subject to the remaining sub-leasehold interest regarding Flat 17 and Flat 18 (Leasehold Title Numbers: TGL363057 and TGL363058). Those interests will be subject to the remaining sub-leasehold interests regarding Flat 17 and Flat 18 (Leasehold Title Numbers TGL363057 and TGL363058 and subject to any tenancy or other occupation of whatever nature that may exist as at the date of completion 2. In relation to the Superior Lease (Title Number: TGL338375), granted for a term of 999 years from 2 July 2010 but after a series of variations, the ground rent is as follows: a){tab}£1,200 for the period 2 July 2010 to 23 June 2031. b){tab}£1,800 for the period 24 June 2031 to 23 June 2056. c){tab}£3,000 for the period 24 June 2056 to 23 June 2081. d){tab}£6,000 for the period 24 June 2081 for the remainder of the term. 3. In relation to the Lease of the ground floor office (Title Number:

Additional Fees

Buyer's Premium - Buyer's Premium - 1.2% inc vat of the sale price.

Administration Charge - nil.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.