Lot 43 Mixed Use Investment With PotentialAuction Date:
2nd November 2022
35 Waddon Road, Croydon, CR0 4LH
Currently let at £9,600 per annum
An Interesting and unique opportunity to acquire this terraced, two storey freehold property arranged as a self-service washeteria on the ground floor and a self-contained one bedroom flat above.
The ground floor unit is being offered with washing machines and dryers included in the sale (inventory available in the legal documents). There is a rear office and store with a separate boiler room with an outside yard and separate W.C.
The building is situated in this secondary trading location on the south side of the road close to its junction with Harrison’s Rise. There are excellent road links to London and Gatwick via the nearby A23 with the town centre within easy access.
Ground Floor
Washeteria with seating area, rear office/store with access to basement storage area, door to rear yard, separate W.C and boiler room.
First Floor
Access from ground floor, living room/kitchen, bedroom, shower room and W.C, (access to roof space).
Tenure
The flat is let on an Assured Shorthold Tenancy at a current rental of £800 per calendar month.
Council Tax Band A
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
