July 2023: Tuesday 18 July 2023 - 9:00am
Your Bid
Guide price TBA
Hammer price

Withdrawn

Withdrawn Prior

Sold

Sold Prior

Sold Post

Place a proxy bid on Lot #{{ lot.total_lot_number }}

Guide Price:

TBA
Bid now

Floorplan
    • View Virtual Tour

      Play

    Remove from wishlist

    Add to wishlist

    Key features

    • Planning permission approved for 2 bedroom flat at 1st & 2nd floor and ground floor rear extension to the commercial unit
    • Development potential to convert the ground floor into 2 x one bedroom flats (subject to the requisite consents)
    • Potential to convert into singe dwelling house (subject to the requisite consents)
    • Instant asset management potential in letting out the vacant unit
    • Includes all car parking space directly in front of the property
    • 6 week completion

    Description

    The property is a semi detached property comprising of commercial lock up unit on the ground floor, a 1 bedroom flat at 1st floor level and loft space.

    Under two sperate planning applications the property has approval to extend into the loft space to produce and 2 bedroom flat of an approx. 70 sqm (753 sq ft) and create a ground floor single storey extension to the rear of the commercial unit which would amount to a total ground floor space of 110 sqm (1,184 sq ft). There is future development potential to convert the ground floor commercial unit into 2 x one bedroom flats (subject to the requisite consents).

    The proposed 2 bedroom flat will comprise of 2 x Bedrooms, Kitchen, Dining area, Living room and 2 x bathrooms.

    Additional information

    Tenure

    Freehold

    Accommodation

    Please note that the approximate areas have been provided by a third Party and the property has not been inspected by Savills, but believed to comprise of the following.


    Ground floor - Retail area, WC, rear yard an approx. 59.5 sqm (640 sq ft)

    First Floor - Bedroom, Living room, Kitchen, Dining area, Bathroom/WC. an approx. 44 sqm (473 sq ft)

    Loft Space


    Total an approx. 103.5 sqm (1,113 sq ft)


    Planning

    Hertsmere Council

    Planning ref: 23/0447/FUL

    Proposal: Conversion of loft to form habitable space including rear dormer and 2 rooflights to front roof slope to enlarge first floor flat.

    Please click here for link


    Planning ref: 23/0514/FUL

    Proposal: Single storey rear extension to existing commercial unit.

    Please click here for Link


    Notes

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

      • View Virtual Tour

        Play

      Arrange a viewing

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

      Please select a time from the options below

      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

      The property is located on the western side of Shenley Road at the southern end of the road.

      Elstree & Borehamwood Station is an approx. 0.7 miles from the property.

      Transport

      Elstree & Borehamwood Station - Thameslink Services

      Legal documents

      Login to view legal documents

      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