10 Northumberland Alley, London, EC3N 2EJ

Interested parties should contact Knight Frank Auctions for further information.

Description
The property comprises a rarely available city centre character building extending to approximately 166.7 sq m (1,794.47 sq ft) over five floors. Comprehensively refurbished by the vendor in 2019, it presents an exciting opportunity for occupiers and investors to acquire a city core building.

The property is arranged to provide ground, first, second & third floor office accommodation. The lower ground is arranged as a break-out area, together with kitchen.

Floor Areas (NIA) (1)
Third Floor - 34.17 sq m (367.8 sq ft)
Second Floor - 33.56 sq m (361.27 sq ft)
First Floor - 33.41 sq m (359.62 sq ft)
Ground Floor - 29.17 sq m (313.98 sq ft)
Lower Ground Floor - 36.4 sq m (391.8 sq ft)

Total - 166.71 sq m (367.8 sq ft)
(1) Areas have been provided by the vendor.

The property may benefit from a variety of alternative uses, subject to all necessary consents & permissions. Interested parties are to rely on their own enquiries.

VAT
Not applicable

Location
The property is located between Fenchurch Street and Crutched Friars, close to the insurance district' on the eastern side of the City of London.

Fenchurch Street mainline station is less than 200m to the south and both Aldgate and Tower Hill Underground stations are also within a short walk. Northumberland Alley is also within easy reach of Leadenhall Market, Liverpool Street and Spitalfields.

Occupancy
Vacant

Tenure
Freehold

The buyers fee is including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

Auction Details
The sale of this property will take place on the stated date by way of and is being sold as Unconditional.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to the Common Auction Conditions and Extra General Conditions.

Auctioneer Fees and Deposit
The following deposits and non-refundable auctioneer fees apply:

• 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.