GUIDE PRICE £360,000 - £380,000

£30,000 pa

1B Manor Park Crescent

Edgware, Middlesex, HA8 7NL

Lot 4

Commercial Property - Commercial Property
Freehold buildings and land comprising a scrap metal yard, let until 2038 and producing £30,000 pa.

Description/Location

Town centre position, situated off Manor Park Crescent close to the junction with Edgware Road. The property comprises a range of single storey buildings and amenity land, operating as a licensed scrap metal yard. Let for 15 years from 2023 at £2500 pm with rent reviews every 5 years. The site may be suitable for future redevelopment subject to planning.

Tenure

Freehold
Energy Rating: D / 84

Office Contact

Please contact Network Auctions on 020 7871 0420

Rent

£30,000 pa

View Larger Map

View larger map on Google Maps.

*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.