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    Key features

    • Of interest to investors
    • A Freehold ground rent investment secured upon a mixed use development
    • Comprising five self-contained residential flats and 13 commercial (B1) units
    • Total floor area approximately 1385 sq m (14,910 sq ft)
    • Each unit subject to a long 999 year lease
    • Producing collectively £3150 per annum
    • All leases having 25 yearly RPI rent reviews
    • Next rent review 1 January 2033
    • VAT is applicable on this lot

    Description

    The property comprises an attractive development of 18 units converted from a former armaments factory around a central mews. There are five self-contained residential flats and 13 commercial (B1) units.

    Additional information

    Tenure

    Freehold

    Accommodation

    Please refer to the schedule of leases.

    Tenancy

    Please refer to the schedule of leases. All leases are for 999 years from 1 January 2008 and have have 25 yearly RPI rent reviews. Next rent reviews 1 January 2033.

    Rent

    £3150 per annum.

    Notes

    The landlord insures and manages (via an appointed managing agent) the development.

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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

      Crane Mews is situated off Gould Road in a quiet residential enclave close to Twickenham Green, within the London Borough of Richmond upon Thames. The area is well regarded for its village atmosphere, independent shops, cafés and local amenities, with Twickenham town centre nearby offering a wider range of retail and leisure facilities. The property also benefits from proximity to open green spaces and the River Thames.

      Transport

      Strawberry Hill, Whitton and Twickenham mainline stations are all within approximately one mile, providing regular South Western Railway services to London Waterloo and regional destinations. Multiple bus routes operate from nearby Twickenham Green. The A316 is easily accessible, linking to the M3 and central London, while Heathrow Airport is approximately eight miles away. Underground services are available via bus to Hounslow (Piccadilly Line) or Richmond (District Line & Overground).

      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