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LOT<br />
31<br />
3 Clifton Road, Maida Vale,<br />
London W9 1SZ<br />
Reserve Below<br />
£525,000<br />
6 WEEK COMPLETION<br />
SITUATION<br />
Located at the junction with Maida Vale/Edgware Road (A5)<br />
close to Caffe Nero, Café Rouge, Tesco Express, Boots<br />
and a number of local boutiques, restaurants and<br />
delicatessens, serving this affluent residential area,<br />
close to Warwick Avenue Underground Station (Bakerloo<br />
Line) and less than a mile from the West End.<br />
View Opposite the Property<br />
PROPERTY<br />
A mid terraced building comprising a Ground Floor Shop<br />
and Basement with separate front access to<br />
2 Self-Contained Flats on the three upper floors.<br />
VAT is payable in respect of this Lot<br />
TENANCIES & ACCOMMODATION<br />
FREEHOLD<br />
Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks<br />
Ground Floor<br />
Shop & Basement<br />
First, Second &<br />
Third Floor (2 Flats)<br />
Ground Floor Shop<br />
Gross Frontage<br />
14'6"<br />
Internal Width<br />
12'6" (max)<br />
Built Depth<br />
34'7"<br />
Basement Area Approx 510 sq ft<br />
WC<br />
J. F. Stone Investments<br />
Ltd (t/a American Dry<br />
Cleaning Company)<br />
(See Tenant Profile)<br />
15 years from<br />
completion<br />
Not inspected Ovaldene & Hart Ltd 125 years from<br />
24th June 1982<br />
£40,000 FRI<br />
Rent Reviews 2018<br />
and 2023<br />
£1 FRI<br />
TOTAL £40,001<br />
TENANT PROFILE<br />
The American Dry Cleaning Company was founded in 1990 with its first store in the American Embassy. They now<br />
operate from 32 locations around the capital including branches in the Kings Road, Holland Park, Kensington High<br />
Street, Hampstead High Street & Upper Street Islington and are continuing their expansion.<br />
Visit: www.americandrycleaningcompany.com<br />
VENDOR’S SOLICITORS<br />
Alexander Marks LLP - Tel: 020 7317 1166<br />
Ref: A. Marks Esq - Email: ajm@amlaw.co.uk<br />
The Surveyors dealing with this property are<br />
JONATHAN ROSS and STEVEN GROSSMAN 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 £275 (including VAT) upon exchange of contracts
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