Lot 51 Vacant Leasehold Shop UnitAuction Date:
21st September 2022
11 Stanley Way, St. Mary Cray, Orpington, Kent, BR5 2HE
Situated in a terrace of similar style properties, with ground floor commercial premises and residential accommodation above, this leasehold lock-up ground floor shop is located in Stanley Way, off Cray Avenue (A224), which gives good access to retail parks and vehicular access to the A20. Furthermore, St. Mary Cray railway station is situated within half a mile to the north.
The commercial premises in the terrace have a good occupancy rate and there are a number of shops, service providers and café businesses.
Ground Floor
Entrance into main shop/sales area, kitchen/food preparation area with doorway out to communal gardens, inner lobby/storage area, washroom and cloakroom/W.C.
Tenure
Remainder of a 999-year lease, from 5th March 2012, at a peppercorn ground rent.
Leasehold with Vacant Possession on Completion
There is an addendum available to be read
in conjunction with the legal documentation.
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 Buyers Fees
