LOT 54 - London

109-111 Golders Green Road, Golders Green, London, NW11 8HR

PART VACANT - Freehold Mixed Use Building providing a Retail Unit and Eight Flats

Available At

£3,750,000

Gross Initial Yield 1.33%Residential - 31st March 2021
Key Features
  • Recently Let Retail Unit extending to approximately 289.3 sq m (3,114 sq ft)
  • Eight newly converted self-contained Flats above fully Vacant and suitable for immediate Letting
  • Comprising Five x 2 Bedroom Flats and Three x 1 Bedroom Flats
  • Flats designed around an Atrium Lightwell
  • Prominent High Street Position, close to Golders Green Underground and Bus Station
  • Easy Access to North Circular Road (A406) and M1 Motorway
  • An Eight Week Completion period is available on this Lot

Current Rent Reserved
£50,000 p.a.
with Eight Flats Vacant
Tenure

Freehold


Location
  • The property is situated on the south side of Golders Green Road, between its junctions with Armitage Road and The Riding in this affluent suburb of north west London
  • Golders Green High Road provides a good range of shops including a Tesco Express, Boots the Chemist, Holland & Barrett along with various restaurants and cafes. Brent Cross Shopping Centre is around 1.5 miles drive away on the North Circular Road
  • Golders Green Underground Station (Northern Line) is around five minutes walk to the east
  • The North Circular Road (A406) is within a mile's drive to the north. Junction 1 of the M1 motorway is 1.5 miles away
  • Golders Hill Park and Hampstead Heath are both within a short drive to the south east
Virtual Tour
Click here to view
Viewings

To view the property please email sarah.bathurstbrown@allsop.co.uk using 'To View LOT 54' in the subject box. Due to Government Guidelines we will try to accommodate all viewing requests, but in the first instance prospective purchasers are advised to view the virtual tours and the many internal images provided on the Allsop website before requesting a viewing. Each viewing slot will be for a strict 10 minutes and viewers will be required to attend the viewing promptly and ensure gloves and a face covering are worn. We apologise in advance if we are unable to accommodate everyone. Please observe social distancing while you are at the property. If you are showing any Coronavirus symptoms then you will not be allowed to view the property.

Additional Charges
  • Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees and to check the addendum which might also (but does not always) contain details of such amounts.
Contacts
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Important notice - Pre-registration approval to bid, guide prices, reserves, additional charges and other matters

Pre-registration approval to bid Allsop now require all bidders who wish to bid at our Auctions to register beforehand. All checks required by current anti-money laundering legislation must be satisfactorily completed as part of this process before prior approval to bid will be given. Please use the links on our website to pre-register. Following approval to bid, the buyer named in your registration cannot be changed without consent (for which a charge might be made). Guide Prices 1. Where a guide price (or range of prices) is given, that guide is the minimum price at which (or range of prices within which) the seller might be prepared to sell on the date on which the guide price (or range of prices) is published. The guide price will normally be at or above any reserve price. 2. The guide price may be subject to change up to and including the day of the auction. The latest published guide price (or range of prices) is displayed on our website and you are advised to check the website regularly for updates. 3. All guide prices are quoted "subject to contract". 4. Please note the guide price for the Lot does not include: - any Buyers' Fee charged by the auctioneers; - VAT on the sale price; - SDLT or any other Government taxes; - additional costs and fees charged by the seller or third parties that might apply to some Lots and/or some buyers. 5. If a guide price is listed as "TBA", it means no guide price has been set at present. Please do not call our office about this - the guide price, or range of prices, will be published online immediately it becomes available and you should check the auction website regularly for updates. Reserve Prices 6. The reserve price is the minimum price at which the Lot can be sold. 7. Whilst every effort is made to ensure that the advertised guide prices are up-to-date. it is possible that the reserve price set for any Lot may exceed the previously quoted guide price. This is because the seller may fix the final reserve price ju st before the Lot is offered for sale. Buyers' fees, Seller's fees and additional charges 8. For each Lot, a Buyers' Fee is payable on the fall of the hammer to Allsop LLP as follows: Residential Auctions - Lots sold for £10,000 or more: Buyers' Fee of £1,250 inclusive of VAT - Lots sold for less than £10,000: Buyers' Fee of £250 inclusive of VAT Commercial Auctions - All Lots: Buyers Fee £1,000 inclusive of VAT 9. Additional charges and fees might be charged by the seller and/or other third parties . You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees and to check the addendum which might also (but does not always) contain details of such amounts. 10. VAT may be chargeable in addition to the sale price for the Lot. The Lot Particulars and/or the Special Conditions of Sale will indicate whether VAT applies. Other Matters 11. Please note that Lots may be sold or withdrawn at any time prior to auction. 12. Please note that the amount of Bidder Security (payable on application to bid at the auction) and the Buyer's Fee may each be varied from the standard amounts quoted. Please refer to the addendum, the Particulars and/or the conditions of sale. 13. Street trader plans are reproduced with the consent of Experian Goad Limited. Experian Goad Digital Plans include mapping data licensed from Ordnance Survey with the permission of the Controller of Her Majesty's Stationery Office. © Crown Copyright and Experian Copyright. All rights reserved. Licence number PU 100017316. Location plans are reproduced from the Ordnance Survey mapping with the permission of Ordnance Survey on behalf of the Controller of Her Majesty's Stationery Office, © Crown copyright and Database Rights 2018 OS 100060020 14. The plans and photographs shown in the catalogue are included in order to assist you in locating the Lot in question. They are not necessarily drawn to scale and any arrows on plans or photographs are merely to assist you in finding the Lot, not for the purpose of indicating legal boundaries . The Auctioneers cannot guarantee that any plans or photographs show the up to date position with regard to occupiers either for the Lot or for any other properties shown in such plans or photographs.