10 Bedrooms Block of flats for sale in Blenheim Mansions, 114, 114A And 114B Brixton Hill, Brixton SW2 | £ 2,800,000


Overview

Price: £ 2,800,000
Contract type: For Sale
Type: Block of flats
County: London
Town: London
Postcode: SW2
Address: Blenheim Mansions, 114, 114A And 114B Brixton Hill, Brixton SW2
Bathrooms: 0
Bedrooms: 10
Posted: 2018-11-25

Property Description

Lot 49 - This lot is for sale by auction as lot 49 on Thursday 13th December 2018.

A Freehold Unbroken Four Storey Corner Building

- Internally arranged to provide Three Ground Floor Retail Units and Nine Self-Contained Flats above
- Each Retail Unit subject to a Commercial Lease
- Six Flats subject to Assured Shorthold Tenancies, One Flat subject to a Regulated Tenancy and Two Flats Vacant
- There is also an Advertising Hoarding which is subject to a Lease
- In the same Family Ownership for over 60 Years
- Total Current Rent Reserved

£161,280.04 per annum (equivalent) with Two Flats Vacant

Eight week completion period available


Tenure
Freehold.

Location
The property is situated on the west side of Brixton Hill (A23), at its junction with Blenheim Gardens. Local shops and amenities are readily available on Brixton Hill, with the more extensive facilities of Brixton being within a 10 minute walk to the north, including Brixton Underground (Victoria Line) and Rail Stations. Road access is provided by the A23, and both the South Circular Road (A205) and the A3. The open spaces of Brockwell Park are within close proximity to the east.

Description
The property comprises an unbroken four storey corner building arranged over ground and three upper floors. The property is internally arranged to provide three ground floor retail units and nine self-contained flats above. There is also an advertising hoarding. The property includes a small yard at the rear and also a car parking space behind number 114 Brixton Hill. We are informed by the Vendor that the property benefits from timber framed double glazing to the front and uPVC double glazing to the rear.

Accommodation and Tenancies
The commercial units and Flat 5 have not been inspected by Allsop. The information relating to these units was provided by the . The measurements for the commercial units were obtained from the voa website. The floor areas for the flats were provided by the Vendor.

To View
Please email pam.Huggett@allsop.Co.Uk using the subject header ‘View Lot 49’.

Seller’s Solicitor

Irwin Mitchell llp (Ref: C Baker).Tel: Email: Chris.Baker@irwinmitchell.Com

Guide Prices. 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 reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'tba', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at: Please check regularly for updates. Lots may be sold or withdrawn prior to auction.

Property Location




Property Marketed by Allsop LLP



Address: 33 Wigmore Street, West End, London

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