Lot 144

MIXED USE FREEHOLD FOR INVESTMENT OR OCCUPATION

49 The Broadway, Cheam, Sutton, Surrey, SM3 8BL
49 The Broadway, Cheam, Sutton, Surrey, SM3 8BL
JUNE AUCTION

Estimated rental value £31,200 per annum

An excellent opportunity to acquire this mixed use freehold property located in the desirable village of Cheam, Surrey.

The property extends to approximately 93 sq.m. (1,008 sq.ft.) and comprises a front porch with large floor to ceiling windows on all sides and a retail area and office space to the rear. There is also a cellar and studio accommodation with separate kitchen and shower room on the first floor. It is considered that there is scope for additional first floor development, subject to all necessary consents being obtainable.

Cheam has an array of shops and amenities with strong transport links provided by Cheam mainline railway station into London Bridge and London Victoria. The A3 and M25 Motorways are also nearby.

Basement

Storage area.

Ground Floor

Window display area, retail/sales space, office area, separate W.C. and kitchenette.

First Floor

Living room, kitchen, W.C, wash hand basin and shower.

Outside

Courtyard area.

EPC Rating

The property has an EPC rating of 85 (D).

Auctioneer's Note

The outside toilet, which is situated in a block, is excluded from the sale.

Local Planning Authority

Sutton Council. Tel: 020 8770 5000. Website: sutton.gov.uk.

Freehold with Vacant Possession

Important

All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.

* Price Information

Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).

We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

Additional Fees

An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.

All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to cliveemson.co.uk/buyers-fees/