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Commercial Property for sale

Green Wrythe Lane, Carshalton, Surrey, SM5 2DS

Guide Price* £250,000

Property Description

Key features

  • Freehold three floor terraced building arranged as a ground floor restaurant and two self-contained flats above (Restaurant let, two flats sold)
  • Investment

Full description

Tenure: Freehold

Unsold, the last bid was £235,000 and is available at £250,000.

For further details, Viewings, Auction catalogue and Legal Documents see www.a-r.co.uk or call 020 7703 4401

*Guide prices are an indication of the current level of the vendor's intention as to the reserve price (the figure below which the Auctioneer cannot sell the property). Guide prices are subject to change updates are available on the website www.a-r.co.uk or by telephoning the Auctioneers on 020 7703 4401. The sale price whether prior to or at the auction could well vary from and is generally expected to exceed the guide price depending upon market activity.AUCTION SALE - 31/10/2016

Freehold three floor terraced building arranged
as a ground floor restaurant and two self-contained flats above
(Restaurant let, two flats sold)

Location
Situated close to the junction with St. James Road within a short retail parade serving a mainly residential catchment area. Other occupiers in the parade include Nisa Extra supermarket, Royal Fried Chicken Takeaway, Butchers, Greengrocers and an Electronics shop. Further trade may be gained from passing pedestrians and vehicular traffic going to and from Carshalton railway station. Recreation facilities can be found at The Wrythe Recreation Ground.

Tenure/Tenancy
Investment

Total Rent Reserved £16,400 per annum

VAT is not applicable to this lot

The ground floor tenant has recently taken assignment of the lease and the new tenant is currently refurbishing the restaurant throughout. Prospective purchasers must refer to the legal pack in this regard for further information.

The vendor has served upon the tenant a new proposed rent of £20,000 per annum. Prospective purchasers are advised to refer to the legal pack with regards copy correspondence in this regard.

Energy Performance Certificate rating C

REF - DS

Map & Street View

Disclaimer - Property reference 53731. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Andrews & Robertson, Camberwell -Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*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.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Andrews & Robertson, Camberwell -Auctions on 020 7703 4401.


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