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    Key features

    • To be offered on Tuesday 13 May
    • Of interest to investors
    • An attractive freehold four storey terraced building
    • Arranged as 12 flats over the first second and third floors
    • Investment opportunity
    • Let at a rent equivalent to £125,946 per annum
    • Ground floor shop sold on a long lease
    • By order of the LPA Receivers

    Description

    A traditional brick built, period terrace building with a pitched and tile covered roof. There are 10 flats within the first second and third floors. Units 29b and 29c are to the rear with separate access.

    Additional information

    Tenure

    Freehold - Ground floor shop sold off on a 999 year lease from 31 May 2019

    Accommodation

    The auctioneers inspected two of the flats and the floor plans are included in the details. The property is understood to be arranged as:

    9 x studio flats

    2 x 2 bedroom flats

    1 x letting room

    Interested parties must rely on their own enquiries.

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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.

      Accommodation / Tenancy Schedule

      Local information

      Situated to the south side of The Market, close to the junction with Stravadale Road.

      Forming part of a well established mixed use parade and convenient to all the amenities on Wrythe Lane.

      Transport

      Sutton Common Station - National Rail

      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