Sold

GUIDE PRICE SOLD PRIOR

63B Station Road

Upminster, Essex, RM14 2SU

Lot 27

Sold prior to auction, for an undisclosed amount

Freehold development opportunity comprising offices with planning consent for conversion to 2 spacious apartments (1 x 76 sqm, 1 x 77 sq m), vacant. Mews setting opposite Upminster Station.

Description/Location

Prime location with planning (prior approval) granted by London Borough of Havering Ref: J0050.20 for a pair of spacious 1 bedroom flats, each with a large walk-in dressing room (1 x 825 sq.ft and 1 x 831 sq.ft.). We estimate the current market value at £350,000 per flat. Buyers may elect to reconfigure the apartments to create 2 bedroom layouts subject to the necessary consents.

VAT IS APPLICABLE TO THIS LOT

Tenure

Freehold

Local Authority

Havering Council

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Contact Balgores Upminster on 01708 259539

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*Guide Price & Reserves

Generally speaking Guide Prices 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. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.