8 November 2022: Tuesday 08 November 2022 - 9:00am
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    Key features

    • Withdrawn due to missing legal pack information
    • Investment let at £27,800 p.a.
    • Ground floor betting shop and self contained flat in the upper floors (sold off on long lease)
    • Occupying a prominent trading position on a busy high street
    • Let to Ladbrokes Betting & Gaming Ltd (current tenant holding over)
    • Asset management potential to negotiate a new rent with the current tenant (subject to negotiations)
    • No 152 High Street is owned by the same vendor and may be available under separate negotiations for potential joint development

    Description

    A ground floor betting shop with separate front access to a self-contained maisonette above. Occupying a prominent trading position on this busy High Street which includes a street market.

    A range of local and independent retailers are located direct on High Street. Local and multiple retailers and close to the "17&Central" shopping centre.

    Additional information

    Tenure

    Freehold

    Upper maisonette flat sold off on a long lease 189 year lease from 24.06.2002 at a peppercorn


    Accommodation

    Please note that the floor areas have been taken from the VOA and the property has not been inspected by Savills.


    Ground Floor - Shop: 990 sq ft (92 sq m)

    First & Second Floor - Maisonette: Not inspected


    Tenancy

    150 High Street (Ground Floor Shop)

    • Investment let at £27,800 p.a.
    • Let Ladbrokes Betting & Gaming Ltd
    • 10 years from 06.12.2011 (holding over)

    Rent

    £27,800 p.a.

    Notes

    Joint Auctioneer


    Panayiotis Themistocli

    panayiotis.themistocli@agg.uk.com

    M: 07973 856 232


    Please note the site areas provided are approximate. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard.

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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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      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

      The property is located on the southern side of High Street between the junctions of Selborne Avenue and Erskine Road

      Walthamstow Central station is located an approx. 0.3 miles from the property

      Transport

      Walthamstow Central - Underground (Victoria) and Overground

      Legal documents

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      EPC rating

      The EPC rating for this property is C

      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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