April 2022: Tuesday 05 April 2022 - 9:00am
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    Key features

    • Ground floor let at £42,500 pa, with vacant upper parts
    • Planning Permission granted to develop a further 2x one bed flats to the rear
    • Vacant first and second floors to be a three bedroom flat with permitted extension
    • Shop let to Shuropody Retail Limited
    • 5 year lease from February 2021
    • Nearby retailers include Morrison's Supermarket, Greggs, Specsavers, Wilko, Waterstones, German Doner Kebab, Nationwide Building Society and Lloyds Bank

    Description

    The property comprises a three storey building arranged as a ground floor shop, extended to the rear. The first and second floors are vacant and can be arranged as a three bed flat with the permitted extension. The rear of the property benefits from planning permission for a further 2x one bed flats. The upper parts of the existing building benefit from separate access from the rear via Throwley Road.

    Additional information

    Tenure

    Freehold


    Tenancy

    (1) "The Shuropody business started looking after customers' foot healthcare back in 2007 - fast-forward to 2021 and we are now the UK's largest podiatry business with over 100 podiatry clinics across almost 50 stores and we are proud to look after more than 300,000 patients that visit our stores and clinics every year." (www.shuropody.com).

    Planning

    Planning Permission has been granted for "Erection of a part one, part two storey rear extension at first and second floor level involving second floor roof terrace, formation of dormer extension at rear and rooflights to front roofslope to provide two self contained residential units with provision of cycle store and refuse store." Ref: DM2020/01296.


    Rent

    £42,500 pa

    Notes

    VAT is applicable to this lot.

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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.

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      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.

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      Local information

      Sutton is an attractive South London town located on the lower slopes of the North Downs, approximately 5 miles east of Chessington, 5 miles west of Croydon and 11 miles south of Central London. The property is located in a prominent position on the east side of the pedestrianised High Street, close to it's junction with Throwley Road and Trinity Square. Nearby retailers include Morrison's Supermarket, Greggs, Specsavers, Wilko, Waterstones, German Doner Kebab, Nationwide Building Society and Lloyds Bank.

      Transport

      5 miles east of Chessington

      5 miles west of Croydon

      11 miles south of Central London

      Legal documents

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      EPC rating

      The EPC rating for this property is E

      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.

      Addendums