Village Court, Park Road Cheam London SM3 8PY

  • Village Court, Park Road<br>Cheam<br>London<br>SM3 8PY

Village Court, Park Road
Cheam
London
SM3 8PY

Freehold Residential Ground Rent Investment

  • 4 Storey Building Comprising 11 Flats
  • Site Area of Approx. 0.02 Ha (0.05 Acres)
  • Affluent London Commuter Town
  • Prominent and Busy Town Centre Location
  • VAT Free Investment
  • Nearby Occupiers Include Little Waitrose, Boots Pharmacy, Caffe Nero and Pizza Express
  • Lot
    9
  • Auction
    30th March 2023
  • Rent
    £1 per Annum Exclusive
  • Status
    Sold
  • Price
    £5,000
  • Auction Venue
    Live Streamed Auction
  • On Behalf of Joint LPA Receivers
Interested?
  • Expand
  • Photos
  • Map

Freehold Residential Ground Rent Investment

  • 4 Storey Building Comprising 11 Flats
  • Site Area of Approx. 0.02 Ha (0.05 Acres)
  • Affluent London Commuter Town
  • Prominent and Busy Town Centre Location
  • VAT Free Investment
  • Nearby Occupiers Include Little Waitrose, Boots Pharmacy, Caffe Nero and Pizza Express
  • Lot 9
  • Auction 30th March 2023
  • Rent £1 per Annum Exclusive
  • Status Sold
  • Price £5,000
  • Sector
    Ground Rent
  • Auction Venue
    Live Streamed Auction
  • On Behalf of Joint LPA Receivers

Property Information

Location
Miles
3 miles north east of Epsom, 6 miles west of Croydon, 12 miles south-west of Central London
Roads
A232, A217, A24, A3
Rail
Cheam Rail (regular services to London Victoria in 39 minutes), Sutton Railway Station
Air
London Heathrow Airport
Situation

Cheam is an affluent London commuter town located 6 miles west of Croydon, 3 miles north east of Epsom and 12 miles south west of Central London. The property is prominently located on High Street (A232), a busy arterial route providing direct access to Croydon at its junction with Park Road.

The property is situated in the town centre off Park Road, to the rear of the High Street and short walk from Cheam Railway Station.

Tenure

Freehold.

Location
Miles
3 miles north east of Epsom, 6 miles west of Croydon, 12 miles south-west of Central London
Roads
A232, A217, A24, A3
Rail
Cheam Rail (regular services to London Victoria in 39 minutes), Sutton Railway Station
Air
London Heathrow Airport
Situation

Cheam is an affluent London commuter town located 6 miles west of Croydon, 3 miles north east of Epsom and 12 miles south west of Central London. The property is prominently located on High Street (A232), a busy arterial route providing direct access to Croydon at its junction with Park Road.

The property is situated in the town centre off Park Road, to the rear of the High Street and short walk from Cheam Railway Station.

Tenure

Freehold.

Description

Village court, a 4 storey stand-alone apartment building of 11 flats located off Park Road. The property has been sold off on a long lease.

15-25 High Street, the neighbouring property is being offered for sale separately as lot 8.

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Joint LPA Receivers and therefore no warranties, representations or guarantees are given or will be given in respect of the information in this brochure or any matter relating to the property, including VAT. Any information provided is provided without liability for any reliance placed on it and the Receivers are acting without personal liability. The Receivers are not bound to accept the highest or any offer.

Completion Period

Six week completion

EPC

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

Description

Village court, a 4 storey stand-alone apartment building of 11 flats located off Park Road. The property has been sold off on a long lease.

15-25 High Street, the neighbouring property is being offered for sale separately as lot 8.

VAT

VAT is not applicable to this lot.

Note

This property is being marketed for sale on behalf of Joint LPA Receivers and therefore no warranties, representations or guarantees are given or will be given in respect of the information in this brochure or any matter relating to the property, including VAT. Any information provided is provided without liability for any reliance placed on it and the Receivers are acting without personal liability. The Receivers are not bound to accept the highest or any offer.

Completion Period

Six week completion

EPC

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

Tenancy & Accommodation

Floor Use Tenant Term Rent p.a.x.
Ground
First
Second
Third
11 Flats LANPORT PROPERTIES LIMITED 999 years from 27/10/2006
£1

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
Charlie PowterCharlie Powter +44 (0)20 7034 4853 +44 (0)7768 120 904charlie.powter@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Pinsent Masons LLP 55 Colmore Row
Birmingham
West Midlands
B3 2FG
Elizabeth Ward 0121 623 8693Elizabeth.Ward@pinsentmasons.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

By clicking the Submit button I confirm that I would like to get updates on this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

We will keep you updated about lot xthis property.

In the meantime, if you would like to speak to the Surveyor about this property, please call on .

Are you sure you want to remove this property from your Watch List?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?