High Street, Banstead, SM7 2NS

£500,000 Guide Price

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For Sale at our upcoming auction

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Property Details

Full description
Tenure: Freehold
£500,000 * Buyers Premium Applies

For sale by public auction (unless sold prior) on 06/12/2019.
Auction venue: Holiday Inn Gatwick, Povey Cross Road Surrey, Gatwick RH6 0BA
.

Registration 12:15-12:45
Auction Commences at 13:00. The legal pack can be downloaded from our website.

Description:
Ground floor, Circa 1500 square feet, currently a boutique, however enormous scope for a variety of uses, including, restaurant trade etc, subject to planning. Vacant Possession.
Residential flat over the 1st & 2nd floors sold on a long lease of 125 years from 2005. Ground rent £150 per year.

Accommodation:
Significant high street frontage. Rear Access and potential parking. Main retail space, several store rooms, office and WC.

Location:
Banstead is a town in the borough of Reigate and Banstead in north Surrey, England, on the border with London, 2.5 miles south of Sutton, 5 miles west of Croydon and 7.5 miles south-east of Kingston-upon-Thames and 13.3 miles south of Central London.

Viewing:
By appointment

UNCONDITIONAL LOT
Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a deposit of 5% and buyer's premium of £6,000 inc VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the auction (unless otherwise stated).