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Allsop Residential Auction 16th February 2012 - Lots with Commercial Element
 
 


residential auction
16th February 2012

   
 

Please find set out below a selection of lots to be offered in our Residential Auction which may be of interest to Commercial Investors.

Please click on the lot number for full details

Lot 21 - Land at Somerford Road, r/o Purwell Close, Christchurch, Dorset BH23 3PT
Guide Price awaiting
By Order of Sovereign Housing Group
A Freehold Site extending to Approximately 0.019 Hectares (0.047 Acres)

Lot 36 - Grovebury Hall, Grovebury Road, Abbey Wood, London SE2 9YA
Guide Price £210,000+
By Order of The London Borough of Greenwich
A Freehold Detached Former Community Hall Building. Possible Potential for Redevelopment subject to obtaining all necessary consents

Lot 37 - 117-121 Charlton Road, Blackheath Standard, London SE3 8TL
Guide Price £1M+
By Order of The London Borough of Greenwich
A Freehold Detached Building arranged to provide Six Self-Contained Flats, One Self-Contained Studio Flat and an MOT Garage. Seven Flats Vacant, Garage subject to a Commercial Lease. Potential for Extension and Redevelopment subject to all necessary consents.
Current Rent Reserved £20,000 per annum from Garage with Seven Flats Vacant

Lots 49 - Royal George Public House, Silver Street, Stevington, Bedfordshire MK43 7QP
Guide Price £150,000 - £200,000
A Freehold Building comprising a Public House with Manager's Flat above. Occupying a Site extending to Approximately 0.075 Hectares (0.187 Acres). Subject to a Commercial Lease expiring in 2026.
Total Current Rent Reserved £23,000 per annum

Lot 56 - Sites and Former Workshop at Eve Street, Louth, Lincolnshire LN11 0JJ
Guide Price £50,000 - £100,000
By Order of Rainheath Properties Limited (Part of the Sainsbury's group)
Two Freehold Sites extending to Approximately 0.139 Hectares (0.346 Acres). Part Occupied by a Former Workshop. Development Potential subject to obtaining all necessary consents. To be offered Collectively as One Lot.

Lot 61 - Auntie's (Angel), 35 Cambridge Street, St Neots, Huntingdon, Cambridgeshire PE19 1JF
Guide Price £125,000+
A Freehold Building comprising a Restaurant Premises with Self-Contained Flat above. Occupying a Site extending to Approximately 0.029 Hectares (0.073 Acres). Subject to a Commercial Lease expiring in 2027.
Total Current Rent Reserved £16,000 per annum

Lot 67 - Former 'Town House' Public House, Portland Road, Southsea, Portsmouth, Hampshire PO5 3HL
Guide Price £850,000+
A Freehold Former Public House Building. Occupying a Site extending to Approximately 0.073 Hectares (0.181 Acres). Planning Permission for Demolition of Existing and Erection of Nine Single Dwelling Houses, (Two x Two Bedroom Houses, Five x Four Bedroom Houses, One x Five Bedroom House and One x Six Bedroom House). Possible Potential for Alternative Mixed Use Scheme and Increase of Density subject to obtaining all necessary consents.

Lot 116 - Three Horseshoes Public House, 74 Church Road, Fordham, Essex CO6 3NJ
Guide Price £150,000+
A Freehold Public House with Manager's Accommodation Above. Occupying a Site extending to Approximately 0.16 Hectares (0.4 Acres). Subject to a Commercial Lease which expires in 2026. Unexpired Term of Fourteen Years. Full Repairing and Insuring Covenants.
Current Rent Reserved £15,500 per annum

Lot 122 - Site 1 Coity Road, Mid Glamorgan, Bridgend, South Wales CF31 1NS
Guide Price £70,000 - £90,000
By Order of BRB (Residuary) Ltd
A Freehold Ground Lease in favour of Graham Group plc with an unexpired term of 96 years. Upward only rent reviews every 5th year to 11% of rack rent. Passing rent £5,350 pa.

Lot 124A - Royton Conservative Club, Near Oldham, Royton, Greater Manchester OL2 6QZ
Guide Price £110,000+
By Order of J W Lees
Freehold Detached Building with a Site Area of Approximately 0.079 Acres 0.196 Hectares with Development Potential subject to obtaining all necessary planning consents.

Lot 124B - The Grey Horse Inn and Retail Unit, 723 and 723A Oldham Road, Failsworth, Manchester, Greater Manchester M35 1AU
By Order of J W Lees
Guide Price £225,000+
A Freehold Detached Former Public House with Retail Unit. Occupying a Site Area of Approximately 0.117 Hectares (0.288 Acres) together with Adjoining Retail Unit subject to a Commercial Lease. Development Potential subject to obtaining all necessary planning consents.
Total Current Rent Reserved from the Shop of £4,500 per annum together with Vacant Possession of the Public House.

Lot 127 - 12 Needham Road, Notting Hill, London W11 2RP
Guide Price £350,000+
A Freehold Mid Terrace Building arranged to provide a Ground Floor Retail Unit and a Reversionary Self-Contained Maisonette above. Maisonette subject to a Lease (Reversion 2056). Retail Unit Vacant.
Total Current Rent Reserved £45 per annum with Vacant Retail Unit.

Lot 138 - Backpackers Lodge, 4 Florence Road, Portsmouth and Southsea, Hampshire PO5 2NE
Guide Price £400,000+
A Freehold Detached Building arranged to provide Twenty One Dormitories (65 Bed Spaces) together with Communal and Ancillary Accommodation. Occupying a Site extending to Approximately 0.047 Hectares (0.117 Acres). The Entire Property is subject to an Operating Agreement. Possible Potential for Conversion of Existing to provide Self-Contained Flats, subject to obtaining all necessary consents.
Total Current Rent Reserved £25,000 per annum (Rent Review Outstanding)

Lot 148 - 4 Amen Corner, Tooting, London SW17 9JE
Guide Price £325,000 - £350,000
By Order of The Joint Administrators
A Freehold Mid Terrace Building arranged to provide a Ground Floor Commercial Premises and Two Self-Contained Flats Above. One Flat subject to an Assured Shorthold Tenancy. One Flat subject to a Tenancy. Commercial Unit Vacant. Planning Permission for Change of Use of Ground Floor from A2 to D1 Use.
Total Current Rent Reserved £21,720 per (equivalent) from Two Flats with Vacant Commercial Unit.

Lot 153 - 'The Vicar's Inn' Public House, 68 Church Lane, Arlesey, Bedfordshire SG15 6UX
Guide Price £125,000+
A Freehold Building comprising a Public House together with a Manager's Flat. Occupying a Site extending to Approximately 0.097 Hectares (0.241 Acres). Subject to a Commercial Lease expiring 2025.
Total Current Rent Reserved £14,000 per annum

Lot 201 - 1-5 Ollier Street, Widnes, Cheshire WA8 7SE
Guide Price £30,000
By Order of Joint LPA Receivers
A Freehold Former Warehouse occupying a Site extending to Approximately 0.01 Hectares (0.04 Acres). Planning Permission for the Demolition of Existing and Erection of Fourteen Apartments.

Lot 207 - 'The Compasses' Public House, Farley Hill, Luton, Bedfordshire LU5 5EE
Guide Price £125,000+
A Freehold End of Terrace Building comprising a Public House with Manager's Flat above. Occupying a Site extending to Approximately 0.042 Hectares (0.103 Acres). Subject to a Commercial Lease (Holding over).
Total Current Rent Reserved £16,000 per annum

Lot 224 - 96-98 St James Road, Northampton, Northamptonshire NN5 5LF
Guide Price £75,000 - £100,000
A Freehold Double Fronted Extended End of Terrace Building currently providing Office Accommodation. To be offered with Planning Permission to Convert Existing Offices and Demolition of Existing Link Building to provide Two x Two Bedroom Maisonettes and One Three Bedroom Dwelling.

Lot 250B - 'The Millpond' Public House, 1 Armentieres Square, Tameside, Stalybridge, Greater Manchester SK15 2BR
By Order of J W Lees
Guide Price £300,000+
Freehold Former Public House occupying a Site extending to Approximately 0.026 Hectares (0.065 Acres). Possible Redevelopment Potential, subject to obtaining all necessary consents.

Lot 256 - 'Vista House', 33-35 New Bedford Road, Luton, Bedfordshire LU1 1SE
Guide Price £1.2M - 1.4M
On the instructions of J Gershinson FRICS and S Davidson MRICS of Allsop LLP acting as Joint Fixed Charge Receivers
A Freehold Purpose Built Block. Internally arranged to provide a Lock-up Shop Unit and Twenty Six Self-Contained Flats. Upper Parts currently subject to an over-riding lease for £84,000 pa. Please refer to particulars for more detailed information.

 

Lot 265 - 52 Queens Road, Reading, Berkshire RG1 4AU
Guide Price £300,000+
A Freehold End of Terrace Building currently arranged to provide Office Accommodation. The Local Authority have Resolved to Grant Planning Permission for Conversion of Office into Four Self-Contained Residential Units subject to Completion of the S106 Agreement.

 

Allsop Residential Auction Team
www.allsop.co.uk

The next London Allsop Residential auction will be held on 28th & 29th March 2012
at the Park Lane Hotel, Piccadilly. The list for entries is now open.

The next Allsop Space auction of Irish property will be held at the Shelbourne Hotel, Dublin on
1st March 2012. For further information please go to www.allsopspace.ie

For details of unsold lots which are still available view here.
Allsop Residential Auction Team www.allsop.co.uk


03-02-2012

 


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