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Lot 45 - 2 Bridle Parade, Bridle Road, Croydon, Surrey, CR0 8HA

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BY ORDER OF ADMINISTRATORS

FREEHOLD COMMERCIAL INVESTMENT & GROUND RENT

Guide price: Sold *

Auction Date

Monday, 10th October 2016 11:00am

Location & Description

A commercial investment and ground rent secured on a terraced property arranged as a ground floor shop with upper parts (sold off).

Within a local retail/commercial parade on the west side of Bridge Road, 50m south of its junction with Wickham Road (A232). The surrounding area is predominantly residential with West Wickham Town Centre and mainline station about a ½ mile west.

ACCOMMODATION (Based on VOA website)

Ground Floor:
Shop/Office: 465 sq ft (43.2 sq m)
T/a Butler dSigns by way of a lease for 5 years from March 2015 with rent reviews in 2017 and 2019 at a rent of £8,000 p.a.

Upper Part: Sold on long lease

EQUIVALENT TO £8,000 p.a.

EPC Rating

On application

Result

Sold after auction

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.

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* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.