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AUCTION - Barnett Ross

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LOT<br />

16<br />

47 Old Ford Road<br />

Bethnal Green, London E2 9PJ<br />

Guide Price<br />

£60,000 – £65,000<br />

Photographs taken September 2009<br />

6 WEEK COMPLETION<br />

SITUATION<br />

In a densely populated residential area close to<br />

Cambridge Heath Road and within 1 ⁄4 mile from Bethnal<br />

Green Underground Station (Central Line).<br />

PROPERTY<br />

Part of a development of shops and flats comprising a<br />

Ground Floor Shop with communal central heating.<br />

ACCOMMODATION<br />

Ground Floor Shop<br />

Gross Frontage 19'<br />

Internal Width<br />

17'9"<br />

Shop Depth<br />

20'3"<br />

Built Depth<br />

26'3"<br />

WC<br />

TENANCY<br />

The property is let on a full repairing and insuring lease to<br />

J. Uddin as an Estate Agent for a term of 10 years from<br />

29th September 2004 at a current rent of £5,250 per<br />

annum exclusive.<br />

Rent Review September 2009 (Outstanding – No<br />

action taken)<br />

Note: £1,312.50 deposit held<br />

VAT is NOT payable in respect of this Lot<br />

TENURE<br />

Leasehold for a term of 125 years from 25th<br />

December 1988 at a peppercorn ground rent.<br />

26<br />

£5,250 per annum<br />

The Surveyors dealing with this property are<br />

JOHN BARNETT and JONATHAN ROSS<br />

VENDOR’S SOLICITORS<br />

Eversleys, 363 Liverpool Road, London N1 1NL<br />

Tel: 020 7607 0001. Ref: S. Appleman Esq<br />

FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE<br />

The successful Buyer will be liable to pay the Auctioneers an administration<br />

fee of £250 (including VAT) upon exchange of contracts

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