A freehold site with vehicle access. Lapsed planning consent for the erection of 3 garages, development potential. Vacant.

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Description/Location

The land is situated to the rear of dwellings at Surbiton Hill Park, access is via a service road to the west. The site measures approximately 35 ft x 26 ft and has development potential for garages / workshop and possibly live / work use subject to planning. The site forms part of the freehold title of 171 Surbiton Hill Park and includes 3 flats (171, 171a & 171b - all sold off on long leases). The flats are self managed (RTM) but produce ground rent of £100 pa. We refer bidders to the legal pack for details and for copies of the S5B Notices served on the lessees who have not taken up their rights.

Tenure

Freehold

Office Contact

Network Auctions - 020 7871 0420

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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.