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Home » Property Search » Auctions » Current Auction » 4 & 4A William Street, Carshalton, Surrey, SM5 2RB

Lot 29 - 4 & 4A William Street, Carshalton, Surrey, SM5 2RB

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FREEHOLD COMMERCIAL INVESTMENT PLUS GROUND RENT

Guide price: £150,000 - £160,000 *

Auction Date

Tuesday, 22nd May 2018 11:00am

Location & Description

A two storey mid terrace property comprising a ground floor shop with separate front access to a self-contained flat above. The property benefits from the use of a vehicular service road.
Located at the junction with Green Wrythe Lane within the Wrythe Green Conservation Area and forming part of a local parade serving the surrounding residential area. Carshalton mainline station is within about ½ mile. Carshalton is a popular Surrey town about 11 miles south of Central London.

ACCOMMODATION (Based on VOA website)

Ground Floor Shop (no. 4): 450 sq ft (41.8 sq m), WC
Let on a repairing and insuring lease to R Quintal (trading as a coffee shop) for 10 years from 15.10.2015 at £10,500 p.a. Rent review 2020. Tenant's break 15.10.2020 on 6 months' notice. 6 month rent deposit held (£5,250).

First Floor Flat (No. 4A): Sold on a 125 year lease from 25.12.2013 at a current ground rent of £150 p.a.

EQUIVALENT TO £10,650 p.a.

EPC Rating

D

Result

Sold for £160,000

* 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.