Property for sale'Hilltop Works', Old Oak Common Lane
Guide Price* £700,000
- For sale by auction
- Vacant Freehold Building
- Number of Bedrooms: 0
- Number of Bathrooms: 0
- Number of Reception Rooms: 0
A Freehold Former Warehouse
• Occupying a Site Area of Approximately 0.044 Hectares (0.109 Acres)
• Planning for Nine Self-Contained Flats
On the instructions of J Gershinson FRICS and L Brooks MRICS of Allsop LLP acting as Joint Fixed Charge Receivers
The property is situated on the west side of Old Oak Common Lane to the north of its junction with Wells House Road. The extensive shops and facilities of Brent Cross are within reach. Rail services run from Willesden Junction Station approximately 3/4 mile to the north-east and East Acton approximately 1/2 mile to the south-east. Road access is provided by the A406 (North Circular Road) to the north-west and the A40 to the south-west.
The property comprises a former warehouse arranged over ground and first floors. The property occupies a site area of approximately 0.044 hectares (0.109 acres).
Site Area Approximately 0.044 Hectares (0.109 Acres)
We have been informed by the Receivers that according to a Valuation Report the existing industrial property is arranged over ground and first floors and has a Total Gross Internal Area of 7,753 sq ft.
Local Planning Authority: Ealing Council.
Tel: 0208 825 6600.
The property is to be offered with planning (dated 6th April 2009) for 'redevelopment to provide a part two storey, part three storey and part four storey residential building comprising nine self-contained flats (following partial demolition of existing warehouse building), ground floor level parking, cycle parking and refuse storage'.
According to the plans, once complete the development will provide
4 x one bedroom flats, 4 x two bedroom flats and 1 x three bedroom flat.
NB. Completion to occur 28 days from the date of exchange or earlier by mutual agreement.
The property will be open for viewing every Monday and Friday before the Auction between 11.30 - 12.00 noon.
NB: All buyers are advised to excercise caution when viewing
Messrs Berwin Leighton Paisner (Ref: EM).
Tel: 0203 400 1000 Fax: 0203 400 1111.
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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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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