Home > Auctions > 20 September 2023 20 September 2023 - 9:00am > Lot 70

20 September 2023: Wednesday 20 September 2023 - 9:00am
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    Key features

    • Detached block of 18 flats sold on lease
    • 18 Garages en bloc to the rear sold on lease
    • Passenger lift
    • Clean and tidy communal areas
    • Communal gardens
    • Set back from the road with panoramic views of London to the rear
    • Opposite Putney Heath
    • Planning permission for a 1 bed flat in the ground floor storage area
    • Valuable reversion for flats 4, 5 and 12 in 36 years
    • Two telecoms masts on roof let at £36,757.43 pa
    • Total Current rent £38,962.43 pa

    Additional information

    Tenure

    Freehold

    Accommodation

    Detached purpose built block of 18 self contained flats and garages

    vacant storage area on the ground floor

    Tenancy

    Flat 1 and garage 137 years from 22nd March 2013 Ground Rent £250 pa

    Flat 2 and garage 189 years from 24th June 1960 Ground Rent Peppercorn

    Flat 3 and garage 145 years from 24t June 1960 Ground Rent Peppercorn

    Flat 4 and garage 99 years from 24th June 1960 Ground Rent £40 pa

    Flat 5 and garage 99 years from 24th June 1960 Ground Rent £25 pa

    Flat 6 and garage 141 years from 24th June 1960 Ground Rent £350 pa

    Flat 7 and garage 189 years from 24th June 1960 Ground Rent £200 pa

    Flat 8 and garage 189 years from 24th June 1960 Ground Rent Peppercorn

    Flat 9 and garage 189 years from 24th June 1960 Ground Rent £100 pa

    Flat 10 and garage 189 years from the 24th June 1960 Ground rent £450 pa

    Flat 11 and garage 189 years from 24th June 1960 Ground Rent Peppercorn

    Flat 12 and garage 99 years from 24th June 1960 Ground Rent £40 pa

    Flat 13 and garage 999 years from 24th June 1960 Ground Rent £150 pa

    Flat 14 and garage 249 years from 16th October 2020 Ground Rent peppercorn

    Flat 15 and garage 231 years from 24th June 1960 Ground Rent £250pa

    Flat 16 and garage 137 years from 23rd October 2012 Ground Rent £250 pa

    Flat 17 and garage 189 years from 24th June 1960 Ground Rent Peppercorn

    Flat 18 and garage 250 years from 9th August 2013 Ground Rent Peppercorn

    Transformer 99 years 24th June 1959 Ground Rent Peppercorn

    Telecoms mast 21 years from 19th July 2003 Rent £21,757.43 pa

    Telecoms mast 15 years from 19th January 2017 £15,000 pa

    Planning

    Permission was granted by Wandsworth borough council (application number 2021/1497) on the 19th of October 2021 for conversion of existing ground floor space to provide a 1 x 1 bedroom flat including the relocation of waste storage for whole building

    Rent

    £38,962.43 per annum

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        All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

        Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

        Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

        No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

        No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

        There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

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        Local information

        Situated off Putney Hill a short distance from the junction of Putney Heath Lane

        Shopping facilities are available locally and to a greater extent on Putney High Street along with a good selection of cafes, bars, and restaurants

        Recreational facilities can be found locally on Putney Heath which is a short distance away

        Nearby road communications are via the A3 A219

        Transport

        National Rail-Putney

        Underground -East Putney (District Line)

        Legal documents

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        EPC rating

        If no EPC rating appears please refer to the legal pack.

        Guide prices and common auction conditions

        •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

        •The reserve price is the minimum price at which the property can be sold.

        •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

        •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

        Please note that all prices listed, whether prior to or post auction, are subject to contract.

        The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

        The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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