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378-380 Edgware Road, Paddington
Key features:
- For sale by auction
- Investment Freehold Building
- Number of Bedrooms: 6
- Number of Bathrooms: 6
- Number of Reception Rooms: 6
Full description:
Tenure: Freehold
This lot is for sale by auction as lot 210 on 29th and 31st May 2012. Full and up to date details of this property, terms and conditions for the auction, and legal documentation for this lot are available at www.allsop.co.uk.A Freehold Pair of Adjoining Buildings arranged to provide Two Shop Units and Eight Self-Contained Flats
• Six Studio Flats subject to Assured Shorthold Tenancies
• Two Shop Units and Two Flats subject to Long Leases
• Reversion from 2082
Tenure
Freehold.
Location
Edgware Road (A5) is the continuation of Maida Vale. The property itself is situated on the east side of Edgware Road, close to its junction with Church Street, to the north of Marylebone Road. Extensive shops and amenities are available in nearby Marylebone, Paddington and the West End with Underground running from Edgware Road Station (Circle and District Line). Rail services are available from Paddington Station. The open spaces of Regents Park are also accessible.
Description
The property comprises a pair of adjoining buildings arranged to provide two commercial shops and eight self-contained flats. The upper parts of No. 378 are registered on an HMO.
Accommodation and Tenancies
A Schedule of Accommodation and Tenancies is available to download please click
here
To View
The property will be open for viewing on Monday 28th May between 12.30 - 1.00 pm.
Seller's Solicitor
Messrs Teacher Stern LLP (Ref: DI).
Tel: 0207 242 3191 Fax: 0207 197 8096.
Total Current Rent Reserved £91,979.72 per annum (equivalent)
Guide Price. Please note, that guide prices are intended to indicate an approximation of the minimum acceptable price to each client. These guide prices should not be interpreted as asking prices and are purely for guidance. Guide prices are subject to contract and subject to alteration. Prospective purchasers are strongly advised to contact Allsop in order to check the availability of each lot prior to the auction sale. Whilst every effort is made to ensure that a guide price is not misleading, it is possible that the reserve price set for any auction lot may exceed the previously quoted guide price. The most up-to-date guide prices are always featured on our on-line service at: www.auction.co.uk.
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