A leasehold commercial premises in need of modernisation with an extent of 581 SQFT and located in Putney, London (Title number: TGL73547)
FOR SALE BY AUCTION: To be sold by public auction on the owner's instruction. A leasehold commercial premises in need of modernisation with an extent of 581 SQFT and located in Putney, London. Comprising of two divided retail spaces and a storage area with plumbing and a rear access door. To be sold via online bidding on Friday, 28 February 2025.
Auctioneers comments: 'A unique Lot that offers the winning bidder the opportunity to secure a commercial retail premises with multiple use potential.'
Auction date
The property is to be sold by public auction on Friday, 28 February 2025 via a 2-hour online bidding window.
Description
Retail commercial premises, 581 SQFT, in need of modernisation
Location
Putney, London, 1 mile from Putney railway station (zone 2 & 3)
Retail space
Two divided retail spaces and a storage area with plumbing and a rear access door
EPC rating
E
Tenure
Leasehold with vacant possession
125 years from 2 March 1992
Use class
A1/A2 Retail and Financial/Professional services
Local authority and council tax band
London Borough of Wandsworth
Council tax band: unknown
Pre-auction bids
To make a pre-auction bid, you must be an approved bidder. Once you have set up your online bidding account, verified your ID and paid the security deposit, you can email the amount you would like to bid. The common auction conditions and special conditions apply to all pre-auction bids, and no conditions will be acceptable. Should your pre-auction bid be accepted, you will need to immediately pay the balance of the 10% deposit (min. £5,000) and all auction fees listed. The Auctioneer reserves the right to refuse any bid.
Auction fees
In addition to the 10% deposit (min. £5,000) of your winning bid, you must pay an auction buying commission of 2.5% plus VAT (min. fee of £2,100.00 plus VAT) of the purchase price and auction buying fee of £1,900.00 plus VAT. Please be aware that additional fees may be payable on completion, including disbursements in the legal pack. Check the legal pack for each lot you are interested in before bidding.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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.
Lot 117 - 341 Tildesley Road, London, SW15 3BB
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