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Auction Results: 09-09-09

Lots Offered14
Lots Sold Prior:1
Lots Sold In Room:5
Total Lots Sold:6
Percent Sold:43
Total Raised:£2,608,000
PREVIOUS AUCTION RESULTS
Auction Date: 09-09-09

Garages to rear of 107 Middleton Road, Banbury OX16 3QS Lot No 41
Garages to rear of 107 Middleton Road, Banbury OX16 3QS

Status: Withdrawn Prior

FREEHOLD SITE COMPRISING OF SIX VACANT GARAGES

By Order of A2 Dominion Housing

This freehold site located to the rear of residential dwellings comprises of six garages of brick construction with up and
over doors divided into two blocks of three. The site has vehicular access off Middleton Road and is situated within close proximity of the town centre. The garages are all offered with vacant possession and the site overall offers an area of 3659sq ft (0.084 acres) and may be suitable for future development subject to obtaining any necessary planning consent.

Addendum
Due to a title issue that is currently being resolved by the vendors solictors, the legal documents are NOT going to be prepared in time for the auction sale on 9th September. Therefore the lot has been withdrawn from this sale and will be offered at our next auction on 27th October instead.

 
Sale Price: £415,000 13 Furze Platt Road, Maidenhead, Berkshire SL6 7ND Lot No 42
13 Furze Platt Road, Maidenhead, Berkshire SL6 7ND

Status: Sold

SPACIOUS SEMI-DETACHED SIX-BEDROOM PROPERTY IN NEED OF REFURBISHMENT

This attractive looking semi-detached house offers spacious accommodation over three floors and we understand was
previously utilised as a hostel. The property offers very
spacious accommodation and is in need of complete refurbishment throughout. The property is sold with the
benefit of vacant possession and is situated approximately
1.5 miles from Maidenhead town centre with its ample shopping facilities, mainline station and also within easy access of the M4 motorway.

Addendum
There is no addendum to this property at this stage.

 
66 Effingham Road, Sheffield, South Yorkshire S4 7YS Lot No 43
66 Effingham Road, Sheffield, South Yorkshire S4 7YS

Status: Available

PARTIALLY REFURBISHED OFFICE BUILDING IN PROMINENT LOCATION

This self-contained office building has been renovated to a
very good standard on the first floor and occupies a prominent position on a main thoroughfare in a predominately commercial location. The property offers approx 1844sq ft of storage offices and workshop space and is sold with the benefit of vacant possession. The site provides four car parking spaces and is accessed from Sussex Street which is approx 1 mile east of Sheffield City Centre and within 4 miles of Junction 34 of the M4 motorway.

Addendum
There is no addendum to this property at this stage.

 
Stuart House, Garretts Green Trading Estate, Valepits Road, Birmingham B33 0TD Lot No 44
Stuart House, Garretts Green Trading Estate, Valepits Road, Birmingham B33 0TD

Status: Available

EXCITING INVESTMENT OPPORTUNITY

This interesting investment comprises of an industrial unit fronted by two storey offices situated on an established industrial estate. The property is occupied by multi-users on predominately threeyear leases and the building is currently producing a gross rental income of £90,265 pa of which there will be reductions for rates and ground rent. There is also one further vacant office that can add to the income once let. We understand that there are no rent arrears and all tenants are fully trading. The property offers an excellent investment opportunity and offers approximately 4660 sq ft of overall space.

Addendum
The property occupies approximately 11500 sf and the total rateable value is approximately £36,000.

 
Sale Price: £118,000 323 Baring Road, Grove Park, London SE12 0DZ Lot No 45
323 Baring Road, Grove Park, London SE12 0DZ

Status: Sold

FREEHOLD INVESTMENT PROPERTY WITH DEVELOPMENT POTENTIAL

This end of terrace property is situated within a popular town centre of mainly occupied units. The parade consists of the local mainline station that connects to London, multiple users such as Coral Bookmakers, Somerfield and Tesco Express along with numerous local traders and occupiers. This brick built building constructed under a pitched tile roof consists of ground floor and basement accommodation that has previously been used as offices along with two flats above that have been sold on long leases. The flats are both held on leases of 99 years from 25 December 1987 each producing a ground rent of £100 (£200 pa). In our opinion the ground floor and basement offers excellent potential for investment or conversion with the further potential of extension to rear subject to obtaining any necessary planning consent. The vacant part also includes two off-street parking spaces to the front.

Addendum
There is no addendum to this property at this stage.

 
Sale Price: £103,000 Ground Floor Flat, 154a Walton Avenue, Harrow, HA2 8RB Lot No 46
Ground Floor Flat, 154a Walton Avenue, Harrow, HA2 8RB

Status: Sold

GROUND FLOOR ONE BEDROOM FLAT PRODUCING £10,200 PA

This ground floor one bedroom flat forms part of a converted end of terrace dwelling and benefits from gas fired central heating and double glazing. The property is sold with the benefit of investment income produced from an assured shorthold tenancy, that commenced in May 2009 for a six month term at a gross rental of £850 pcm (£10,200pa). Walton Avenue connects Eastcote Lane to Somervell Road, within easy reach of local facilities and road connections.

Addendum
There is no addendum to this property at this stage.

 
21a Mill Street, Wantage, Oxfordshire OX12 9AB Lot No 47
21a Mill Street, Wantage, Oxfordshire OX12 9AB

Status: Available

FREEHOLD BUILDING WITH INVESTMENT POTENTIAL

This mid terraced building consists of a vacant refurbished lock-up A1 shop premises situated in the primary shopping frontage area and facing onto one of the main feeder roads into Wantage’s Central Shopping area in Market Place. There is a flat above that has been sold on a long lease dated 21 July 2007 for a period of 999 years at a ground rent of £150 pa. The unit consists of a part-divided open plan sales floor with storeroom and cloakroom facilities and we understand has been re-floored, re-wired and re-plastered throughout. The property will be of interest to investment purchasers and owner-occupiers.

Addendum
There is no addendum to this property at this stage.

 
Junglerama, Victoria Road, Newcastle-upon-Tyne NE37 2SY Lot No 48
Junglerama, Victoria Road, Newcastle-upon-Tyne NE37 2SY

Status: Withdrawn Prior

FORMER CINEMA SITE WITH OUTLINE PLANNING FOR SIXTEEN APARTMENTS

This former cinema/bingo hall located behind Victoria Road in an established retail location off the A1290 Concorde, Washington is situated in a predominately residential location and has recently been granted by the local authority outline planning for the erection of a building comprising of 9 x 2 bedroom apartments and 7 x 1 bedroom apartments under planning ref 09/00880/OUT. The property is sold with full vacant possession, save for a small cafeteria at the front of the building that is let at a rent of £175 per week until October 2009 and the benefit of this outline planning consent that has been granted. The site occupies an area of approximately 0.3193 acres and the existing building, should interested occupiers wish to use it for an alternative use, provides approximately 9727sq ft of space.

Addendum
There is no addendum to this property at this stage.

 
UK Garage, Printing House Lane, Hayes, Middlesex UB3 1AP Lot No 49
UK Garage, Printing House Lane, Hayes, Middlesex UB3 1AP

Status: Available

FORMER PETROL FILLING STATION AND WORKSHOPS IN POPULAR LOCATION

This former petrol station and associated workshops has been
utilised for car repairs and MOT facilities for a number of years
and due to retirement by the current occupier is being sold. The property is available with the benefit of the ongoing business or can be offered vacant for development opportunities, subject to TUPE obligations being satisfied. The site offers a number of potential usages, subject to obtaining any necessary planning permission and is located within the heart of the commercial area of Hayes and Middlesex that is approximately 3 miles from Heathrow London Airport. The property occupies a site area of approx 0.2837 acres and will be of interest to owner/occupiers and investment purchasers.

Addendum
There is no addendum to this property at this stage.

 
Sale Price: £710,000 Toulon, Knowle Grove, Virginia Water, Surrey GU25 4JD Lot No 50
Toulon, Knowle Grove, Virginia Water, Surrey GU25 4JD

Status: Sold

EXECUTIVE DETACHED FIVE BEDROOM HOUSE WITH POTENTIAL INVESTMENT INCOME FROM A COMPANY LET

This fine detached residence situated in a mature leafy location is presented in excellent order throughout and includes five bedroom accommodation. The property is currently let on an Assured Shorthold Tenancy that commenced in December 2007 and that we understand has subsequently been renewed at 6 monthly intervals to the airline, Boeing at a rent of £4150 pcm (£49,800 pa). The property is available under normal auction completion terms on a vacant basis or if the buyer prefers can be purchased on the basis of the tenancy until 18th December 2009, as the tenants are willing to stay until that time, should the buyer prefer. The property is located within a short distance to Virginia Water village and the world famous Wentworth Golf Club.

Addendum
There is no addendum to this property at this stage.

 
Sale Price: £415,000 21 South Black Lion Lane, Hammersmith, London W6 9TJ Lot No 51
21 South Black Lion Lane, Hammersmith, London W6 9TJ

Status: Sold

END TERRACED THREE BEDROOM HOUSE ON SPACIOUS PLOT WITH DEVELOPMENT POTENTIAL (STP)

This corner-sited older style property is in need of a great deal
of updating and refurbishment throughout and we would point out that there appears to be some historic movement. The property occupies a large corner plot and there may be room for further development to the site subject to obtaining any necessary planning consent that may be required. The property is sold with the benefit of full vacant possession and will be of interest to investors, developers and owner/occupiers. South Black Line Lane is situated directly off the A4 and is a short walk from the picturesque settings of the towpath alongside the River Thames.

Addendum
There is no addendum to this property at this stage.

 
92 Acre Lane, Brixton, London SW2 5QN Lot No 52
92 Acre Lane, Brixton, London SW2 5QN

Status: Withdrawn Prior

FREEHOLD INVESTMENT PROPERTY ARRANGED AS SHOP AND FOUR FLATS

This interesting investment property situated within close proximity of Brixton town centre with its mainline station and multiple and local business users, consists of a lock-up retail unit that has been sold on a 99 year lease and four further flats and yard to rear. The flats all offer spacious one bedroom accommodation over four floors and are partially receiving rental income. The property that requires a certain amount of updating is also grade 2 listed and sold with the benefit of this investment income.

Addendum
There is no addendum to this property at this stage.

 
Land at Greenacre Farm Hardwick Lane, Chertsea, Surrey KT16 0AD Lot No 53
Land at Greenacre Farm Hardwick Lane, Chertsea, Surrey KT16 0AD

Status: Withdrawn Prior

FREEHOLD SITE WITH VARIOUS INCOME PRODUCING BUILDINGS

This freehold site that is predominantly rectangular in shape occupies an area of approximately 0.2046 hectares (0.5056 acres). The site is approached through electric gates and houses various barn buildings and a static mobile home. There are various occupiers currently in occupation paying various rents that we understand produces an income in the region of £80,000 per annum by way of month by month agreements.

Addendum
There is no addendum to this property at this stage.

 
Sycamore Farm, Chertsey Lane, Staines, Middlesex TW18 3NG Lot No 54
Sycamore Farm, Chertsey Lane, Staines, Middlesex TW18 3NG

Status: Available

FREEHOLD YARD WITH OFFICES CIRCA ONE ACRE

This freehold site occupying an area of approximately one acre is predominately rectangular in shape and consists of large storage areas, offices and is partially utilised as a gymnasium. The site is approached through electronic controlled gates and is s

Addendum
There is no addendum to this property at this stage.

 
Land at 180-184 Mount Street, Nechells, Birmingham B7 5QR Lot No 55
Land at 180-184 Mount Street, Nechells, Birmingham B7 5QR

Status: Available

FREEHOLD SITE WITH PLANNING GRANTED TO BUILD A DETACHED HOUSE

This rectangular shaped piece of land occupies a corner site and benefits from planning permission under reference C/00669 07/FUL, to construct a two storey detached dwelling. The unit wil consist of three bedrooms and three reception rooms and plans are available for inspection through the auctioneers. The site is located within a predominantly residential location and is sold with the benefit of full vacant possession. It will be of interest to investment and developer purchasers.

Addendum
There is no addendum to this property at this stage.

 
118, 120, 126 and 130 Abbott Road, Didcot OX11 8HZ Lot No 56
118, 120, 126 and 130 Abbott Road, Didcot OX11 8HZ

Status: Withdrawn Prior

MIXED FREEHOLD INVESTMENT PRODUCING £25,300PA

This centre terraced building comprises of two lock up shop units and residential flats above that are all currently income producing. We understand that all rent is up to date and that there are no arrears. The properties are occupied by local traders. Abbott Road is situated west of New Road and south of Wantage Road, within easy reach of Didcott Parkway station. The residential units benefit from gas fired central heating and are mainly double glazed.

Addendum
There is no addendum to this property at this stage.

 
22 The Lees, Faringdon, Oxfordshire SN7 7BB Lot No 57
22 The Lees, Faringdon, Oxfordshire SN7 7BB

Status: Available

FREEHOLD HOUSE CONVERTED INTO TWO FLATS, PRODUCING INCOME OF £18,300 PA

This centre terraced house has been converted into two flats and has been granted a certificate of lawfulness by the local authority under planning reference 08/00494/EUC for this usage. The property comprises of a one bedroom ground floor flat, let on an assured shorthold tenancy at a current rental of £525 pcm (£6300 pa). We understand that the tenant is holding over on a six month agreement. The first and second floors offers a two bedroom flat, let on a six month assured shorthold tenancy at £1000 pcm (£12,000pa), thus equating to an annual income of £18,300 when let for the full period. The property is sold with the benefit of this ongoing investment income. The building benefits from gas central heating and mainly double glazing. The Lees is located off Hart Avenue, to the east of the town centre.

Addendum
There is no addendum to this property at this stage.

 
04651 Bad Lausick, Muhlstrasse 8 Lot No 58
04651 Bad Lausick, Muhlstrasse 8

Status: Sold Prior

DETACHED TWO STOREY BUILDING WITH DEVELOPMENT POTENTIAL

This substantial detached two storey building is in need of complete updating and refurbishment. The property is being sold with full vacant possession. The building is situated in the spa town and located approximately 40 km south of Leipzig and approximately 20 km distant from Altenburg international airport. We understand that the unit is currently arranged as two flats and may be suitable for updating in this manner or restoring back into one family dwelling house, subject to any local planning permissions that may be required.

Addendum
There is no addendum to this property at this stage.

 
17392 Spantekow Kirchstrase GGU, NR 25 Lot No 59
17392 Spantekow Kirchstrase GGU, NR 25

Status: Withdrawn Prior

VACANT FREEHOLD BARN COMPLEX WITH DEVELOPMENT POTENTIAL

This interesting development opportunity consists of attractive substantial agricultural brick buildings of some 520m2 (5597sq ft), standing on a plot of approximately 1966m2 (0.4858 acres). The buildings are of a solid construction although are in need of repair and updating. The site offers a number of potential uses such as work shop facilities, storage and light industrial use or residential subject to obtaining any relevant planning permission and follow the local protected building guidelines. The site is sold with full vacant possession. Spantekow is located some 25 km away from the famous Baltic Sea Island Usedom.

Addendum
There is no addendum to this property at this stage.

 
06116 Halle Berliner Strasse 201 Lot No 60
06116 Halle Berliner Strasse 201

Status: Available

SUBSTANTIAL FIVE STOREY PROPERTY ARRANGED AS EIGHT FLATS IN NEED OF COMPLETE MODERNISATION

This substantial building situated on the outskirts of this University Town offers excellent investment potential. The city that is located with 2 km is served by the Halle/Leipzig international airport and has a local population circa 250,000. The building occupies the end of a terrace and has a cellar and secured ground floor. We also understand that the property is listed. We understand that it currently consists of 8 flats and is in need of complete refurbishment and updating. The property is sold with full vacant possession.

Addendum
There is no addendum to this property at this stage.

 

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For more information, please call us on 08456 52 52 51 or click here for detailed contact details.