Enterprise Garage, Langford Court, Langford Place St Johns Wood London NW8 0LL

Enterprise Garage, Langford Court, Langford Place
St Johns Wood
London
NW8 0LL

Prime Self-Contained Garage Investment in Affluent London Location

Situated off the world famous Abbey Road close to St John's Wood Underground Station, Lord's Cricket Ground and Regents Park
Comprises a lower ground floor garage premises within a substantial residential building
Six Week Completion Period

Lot
17
Auction
18th October 2011
Rent
£40,000 per Annum Exclusive
Status
Sold
Price
£510,000
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP
On the instructions of J Pitt and B Moon acting as Joint Fixed Charge Receivers, BNP Paribas Real Estate

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Prime Self-Contained Garage Investment in Affluent London Location

Situated off the world famous Abbey Road close to St John's Wood Underground Station, Lord's Cricket Ground and Regents Park
Comprises a lower ground floor garage premises within a substantial residential building
Six Week Completion Period

Lot 17
Auction 18th October 2011
Rent £40,000 per Annum Exclusive
Status Sold
Price £510,000
Sector
Motor Trade, Petrol Station
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP
On the instructions of J Pitt and B Moon acting as Joint Fixed Charge Receivers, BNP Paribas Real Estate

Property Information

Location

Miles: 1.5 miles north of London's West End, 1.7 miles south-west of Hampstead Heath, 900 metres from Regents Park
Roads: B507 (Abbey Road), A5205 (St John's Wood Road), , A41 (Park Road), A501 (Marylebone Road)
Rail: 300 metres west of St John's Wood London Underground Station (Jubilee Line), Within 1 mile from Maida Vale, Swiss Cottage, Kilburn Park London Underground Stations
Air: London Heathrow, London City

Situation

The property forms part of Langford Court, a substantial residential building, and is situated on Langford Place accessed via Abbey Road (B507). The B507 leads directly to St John's Wood Road which in turn provides access to Lord's Cricket Ground, Park Road, Regent's Park, the A41 and Marylebone Road.

Tenure

Long Leasehold. Held for a term of 99 years (less 10 days) from 29th September 1977 at a peppercorn rent

Location

Miles: 1.5 miles north of London's West End, 1.7 miles south-west of Hampstead Heath, 900 metres from Regents Park
Roads: B507 (Abbey Road), A5205 (St John's Wood Road), , A41 (Park Road), A501 (Marylebone Road)
Rail: 300 metres west of St John's Wood London Underground Station (Jubilee Line), Within 1 mile from Maida Vale, Swiss Cottage, Kilburn Park London Underground Stations
Air: London Heathrow, London City

Situation

Tenure

Long Leasehold. Held for a term of 99 years (less 10 days) from 29th September 1977 at a peppercorn rent

Description

The property, part of a larger residential building, comprises a lower ground floor self-contained garage premises which undertakes MOTs and servicing.

NB
This property is being marketed for sale on behalf of Joint Law of Property Act Receivers excluding any title guarantees, warranties or indemnities. The information in these particulars has been provided by the Joint Law of Property Act Receivers to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Joint Law of Property Act Receivers are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	(Reversion)
Lower Ground	Garage	187.01 sq m	(2,013 sq ft)	ST JOHN’S WOOD CAR SERVICING LIMITED (assigned to Ronald George Mitchell) (t/a St John’s Wood Autos)	15 years from 08/07/2004	£40,000	08/07/2010
Totals		187.01 sq m	(2,013 sq ft)			£40,000