July 2021: Wednesday 07 July 2021 - 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Withdrawn

Withdrawn Prior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

    • A mid terrace building arranged as a lock up shop let on a lease and three self contained flats each let on an Assured Shorthold Tenancy
    • Well positioned in convenient town center location very near Church Walk Shopping Center, Morrisons, Waitrose and Station.
    • The flats comprise 2 x one bedroom flats and 1 x large studio flat on the lower ground, first and second floors.
    • There is a rear paved communal area for the flats
    • Total current rent £39,700 per annum

    Description

    A four storey mid terrace building arranged as a lock up shop unit let on a lease with three self contained flats on the lower ground, first and second floors, each let on an assured shorthold tenancy.

    Each flat, which are presented in reasonable decorative order, has gas central heating, double glazing, fitted kitchens with appliances and tiled bathrooms.

    The communal areas are also presented in reasonable decorative order.

    There is a rear paved communal garden area for the flats.


    Virtual Tour Retail Space

    Virtual Tour Flat 1

    Virtual Tour Flat 2

    Virtual Tour Flat 3


    Additional information

    Tenure

    Freehold

    Accommodation

    Ground Floor Shop - Internal width approximately 14' 3'', Built depth approximately 30', Kitchen, Separate W/C

    Lower Ground Floor Flat (No 3) - Entrance Hall, Reception Room with raised recessed Bedroom area, Kitchen, Bathroom/WC

    First Floor Flat (No 1) - Entrance Hall, Reception Room, Bedroom, Kitchen, Bathroom/WC

    Second Floor Flat (No 2) - Entrance Hall, Reception Room, Bedroom, Kitchen, Bathroom/WC


    Tenancy

    Ground Floor Shop - Let on a lease for a term of 5 years from 19th March 2021 at a rent of £2,500 per quarter. Fixed rent increase in March 2023 to £2,750 per quarter.

    Lower Ground Floor Flat (No 3) - 12 month Assured Shorthold Tenancy from 1st March 2021 at £750 per calendar month

    First Floor Flat (No 1) - 12 month Assured Shorthold Tenancy from 1st October 2020 at £875 per calendar month

    Second Floor Flat (No 2) - 12 month Assured Shorthold Tenancy from 1st January 2021 at £850 per calendar month


    Rent

    Total current rent £39,700 per annum increasing to £40,700 per annum in March 2023
      • 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

      Caterham is a popular North Downs town located about 6 miles south of Croydon.

      Well situated in a busy town center location on the north side of Godstone Road near the junction with Timber Hill Road.

      The Church Walk Shopping Center together with Morrisons and Waitrose supper markets are all close by.

      Caterham national rail station is also nearby with services to Victoria via East Croydon, Clapham Junction and also to London bridge via East Croydon

      The surrounding area and North Downs countryside provides a range of leisure activities.

      Easy access to the A22 provides good links into Croydon, central London and to the M25, M23 and Gatwick Airport.

      Transport

      National Rail - Caterham

      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