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    Key features

    • Freehold mixed use building
    • Plan submitted under permitted development for conversion of the ground floor commercial unit to two self-contained flats
    • Allocated parking space
    • Upper parts sold on lease (approximately 89 years unexpired)
    • Ground rent of £150 per annum (Rising)
    • Vacant ground floor

    Description

    A freehold mid terrace mixed use building.

    Planning permission has been submitted under permitted development for conversion of the existing ground floor commercial unit to two self-contained flats. Proposed plans include one studio flat, accessed from the front of the building, and one, one bedroom flat with access from the rear. The flats will have gross internal areas of 37.30 sqm and 37.10 sqm respectively.

    The rear flat will benefit from an allocated parking space.

    Two flats occupy upper parts on the first and second floors and both have been sold off on lease with approximately 89 years unexpired at a total ground rent of £150 per annum (rising). The loft space is not demised in either lease and is included in the freehold ownership.

    Vacant ground floor.

    Additional information

    Tenure

    Freehold.

    Accommodation

    Ground Floor - Communal Entrance, Two Rooms, Kitchen, Two WCs

    Tenancy

    Flat 25A Stafford Road (First Floor Flat) - Sold on lease for a term of 125 years from 29.09.1986 at a peppercorn ground rent.

    Second Floor flat at 27 Stafford Road - Sold on lease for a term of 125 years from 29.09.1986 at a ground rent of £150 per annum (rising).

    Notes

    Joint Auctioneer:

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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.

      Local information

      Located on Stafford Road, close to the junction with Epsom Road.

      A range amenities are available locally on Stafford Road and Purley Way with a broader range in the centre of Corydon (approximately 1 mile).

      Recreational amenities of Duppas Hill Recreation Ground, Wandle Park and Purley Way Playing Fields are all easily accessible.

      Approximately 0.1 miles from Waddon Railway Station which offers access to London Bridge via West Croydon Station.

      Transport

      Waddon - Southern

      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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