11 & 11A Fulham Broadway, London SW6 1AA
Lot 509 · SW6 1AA · Savills Auctions · London
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Freehold listed
The listing indicates freehold tenure. Confirm against title and special conditions.
medium confidence, Auction listing
EPC not confirmed
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low confidence, Auction listing enrichment
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About this lot
Interested Parties will be invited to place bids via a set deadline ( 12 noon Thursday 1 October ). The sale will take place via an auction contract (please refer to the notes). Freehold Mixed-use property Commercial ground floor unit with 7x studio flats on the upper floors Well located for the amenities of Fulham Approximate GIA 2,469 sq ft (229.3 sq m) Current rent producing £145,488 per annum with one studio vacant Gross Initial Yield 8.81 % on Guide By order of the Fixed Charge Receivers
Virtual ToursFlat 3Flat 7 Additional information Tenure Freehold. Accommodation As per the tenancy schedule. Tenancy Ground Floor Commercial unit is let on a 15 year lease from 05/10/2018 at a rental of £57,500 per annum.The upper floors are let out on Assured Periodic Tenancies, please refer to the Tenancy Schedule for more information. Rent £145,448 per annum Notes Bidding Process Potential purchasers will be invited to place bids via a set deadline (12 noon Thursday 1 September). These offers will then be considered by the client and a best and final offers may be called. Should an offer meet the clients requirements a successful bidder will be selected and a sale will take place via an auction contract, which will be signed immediately along with receiving a 10% deposit. The property will be deemed as ‘sold prior to auction’.When submitting your offer please provide the following information:Entity purchasing the propertyYour Solicitors detailsCertified ID and proof of address for the purchaser/s of the propertyProof of funds for a minimum of 10% of the offer put forwardConfirmation that you and or your solicitor have reviewed the legal packConfirmation that you can sign an auction contract, pay a 10% deposit straight away and complete within the time frames highlighted in the special conditions of sale.Please send all offers to Jeremy Lamb at [email protected] Ve…
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