June 2021: Wednesday 02 June 2021 - 9:00am
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    Key features

    • 4 Individual retail units
    • No,7,9,11 Vacant and in need of extensive works.Please refer to the legal documents for more information
    • No.5 Investment let (rent £6,000 P.A) and in need of extensive works .Please refer to the legal documents for more information.
    • Located 50 metres (approx) from Streatham Hill Station
    • VAT applicable

    Description

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    An established parade of unbroken retail units located beside Streatham Hill Station.

    The properties are single storey units.

    No.5 is currently occupied. No. 7, 9 and 11 are vacant. All are in need of complete refurbishment

    Use Class E - This offers the purchaser to allow multiple business uses to trade from the Units.

    Additional information

    Tenure

    Freehold

    Accommodation

    The property has the approximate floor areas:

    No.5: 188 sq ft  

    No.7: 172 sq ft   

    No.9: 120 sq ft   

    No.11: 267 sq ft (shop) with 240 sq ft (basement) 


    Tenancy

    No.5 is let to an independent Barbers and currently let at £6,000 per annum - The tenant is holding over. No.5 has been historically rented at £9,000 per annum

    No.7 Vacant - Historically rented at £7,500 per annum

    No.9 Vacant - Historically rented at £6,000 per annum

    No.11 Vacant - Historically rented at £9,250 per annum

    Rent

    Part Vacant, Total Current Rent at £6,000 per annum

    Notes

    Please note the site areas provided are approximate. Prospective purchasers must rely upon their own enquiries in this regard.

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      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

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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.

      Local information

      Located on the southern side of Sternhold Avenue and close to the junction of Streatham Hill Road

      Near by occupiers include Coop Food, Starbucks, Leylands, M&S Foodhall and Superdrug.

      Transport

      Streatham Hill Station (National Rail)

      Southern Rail service to Victoria Station and West Croydon

      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.

      Addendums