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MIXED FREEHOLD INVESTMENT PROPERTY

Lot 50

52 Bilton Road, Perivale, Middlesex

Photo of 52 Bilton Road, Perivale, Middlesex
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MIXED FREEHOLD INVESTMENT PROPERTY

Lot 50

This freehold shop and uppers is being offered with thebenefit of investment income. The ground floor is let to atenant trading as an off licence and household businesson a full repairing and insuring lease for a 15 year termfrom 5th January 2006 at an initial rent of 11,000 pa with 5yearly rent reviews. The upper part consists of a twobedroom flat with part double glazing and gas-firedcentral heating, that is let on an Assured ShortholdTenancy from 1st October 2010 at rent of 920 pcm(11,040 pa) thus the whole premises is producing 22,040pa. The property that is situated within a popular tradingposition of various local traders will be of interest toinvestment purchasers.

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

  • Buyers Premium of £600 inclusive of VAT
  • Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
  • Stamp Duty - rates easily available on-line
  • Your solicitor fees and any survey fees
  • Insurance - it is your responsibility from the date of exchange to insure the property purchased.

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