42 Heriot Road, Hendon, NW4 2DG
- PROPERTY TYPE
Land
- SIZE
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Description
By Order of Executors
Freehold Ground Rents
Located off Brent Street, close to local shopping/travelling facilities including Brent Cross and Hendon Central Tube Station (Northern Line). Hendon Park is also nearby.
Freehold Ground Rents amounting to £286.75 per annum derived from Three Self Contained Flats each on a lease as follows:
Flat 42. 99 years from 24th June 1971 at a ground rent of £36.75 per annum. Valuable reversion in approximately 44 years.
Flat 42(A). 999 years from 29th September 2014 at a current ground rent of £150 per annum and rising in 2064.
Flat 42(B). 130 years from 24th June 1971 at a current ground rent of £100 per annum rising to £200 per annum on 24th June 2034. Valuable reversion in approximately 75 years.
In accordance with Section 5(B) of the Landlord and Tenant Act 1987 notices have been served on the lessees. The lessees have not reserved their rights of first refusal.
*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.
There is a buyers fee payable to McHugh & Co of £1,500 incl. VAT for lots sold over £10,000. Lots sold for less than £10,000 a buyers fee of £500 incl. VAT is to be paid to McHugh & Co.
The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.
Brochures
Online Bidding42 Heriot Road, Hendon, NW4 2DG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hendon Central Station0.2 miles
- Brent Cross Station0.7 miles
- Hendon Station0.8 miles
Notes
Disclaimer - Property reference 356418. 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 McHugh & Co, London. 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.
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 McHugh & Co, London on 020 3907 9877.
*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.”