and Asset House, 100 Crossbrook Street, 27 Cheshunt ...
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LOT 6 WEEK COMPLETION The Surveyors dealing with this property are JOHN BARNETT and STEVEN GROSSMAN SITUATION Located opposite the junction with Friends Avenue in a mixed commercial and residential area being within close proximity to Theobalds Grove Station and approximately ¼ mile south of a Tesco Metro Supermarket. Cheshunt is located approximately 4 miles north of Enfield and benefits from excellent road links via the M25 (Junction 25) and the A10. PROPERTY 3 Self-Contained Office Buildings with Part Ground Floor Bank comprising: Bristol & West House: A Bank on the ground floor and Offices on the first and second floors with a lift and gas central heating. Hampton House: 2 Self-Contained Office Suites on the ground and first floors with gas central heating. Asset House: A Self-Contained Office Building planned on ground, first and second floors with gas central heating. Bristol & West House and Hampton House intercommunicate and the property includes 33 marked car parking spaces, the majority of which are located at the rear. 27 Guide Price £1,200,000 Bristol & West House, Hampton House and Asset House, 100 Crossbrook Street, Cheshunt, Hertfordshire EN8 8JJ £100,575 per annum VAT is payable in respect of this Lot FREEHOLD Hampton House Bristol & West House FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUE The successful Buyer will be liable to pay the Auctioneers an administration fee of £350 (including VAT) upon exchange of contracts JOINT AUCTIONEERS Land Commercial – Tel: 020 8498 8080 Ref: L. Diamant Esq – Email: [email protected] VENDOR’S SOLICITORS Cubism Law – Tel: 020 7831 0101 Ref: D. Ward Esq – Email: [email protected] TENANCIES & ACCOMMODATION Property Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks Bristol & West House Ground Floor Bank Area Approx 1,895 sq ft Plus 6 car spaces Bristol & West plc t/a Britannia Building Society (Part of the Co-operative Bank) 15 years from 25th March 2004 £20,000 FRI by way of service charge Rent Review 2014 First Floor Offices Area Approx 2,170 sq ft Plus 7 car spaces Alexander Ash & Company Ltd (Accountants) 5 years from 29th September 2009 £18,000 FRI by way of service charge First Floor Kitchen Area Approx 106 sq ft Second Floor Offices Area Approx 1,304 sq ft Total Area Approx 1,410 sq ft Plus 4 car spaces Securitas Security Services (UK) Ltd 5 years from 29th September 2009 £15,575 FRI by way of service charge Tenant did not operate 2012 Break Hampton House Self Contained Ground Floor Offices Area Approx 1,910 sq ft Plus 5 car spaces Curo Care Ltd 5 years from 29th September 2009 (Note: Vacating 28th September 2013) £20,000 FRI by way of service charge Self Contained First Floor Offices Area Approx 1,695 sq ft Plus 5 car spaces Hilton Community Services Ltd (Support services to adults with learning difficulties) 5 years from 29th September 2009 £17,000 FRI by way of service charge Tenant did not operate 2012 Break Asset House Self Contained Office Building Comprising: Ground Floor Offices Area Approx 480 sq ft First Floor Offices Area Approx 480 sq ft Second Floor Offices Area Approx 235 sq ft Total Area Approx 1,195 sq ft Plus 4 car spaces Battledore Ltd (Building Services) 10 years from 12th October 2009 £10,000 FRI by way of service charge (subject to a schedule of condition). Service charge (incl. gas & electricity) capped for first 5 years at £4,216 p.a. in years 1 & 2 rising by RPI in years 3, 4 & 5 plus insurance. Rent Review 2014. Annual Tenant’s Breaks in October each year. £2,875 Rent Deposit held. TOTAL AREA APPROX 10,275 SQ FT TOTAL £100,575 © CROWN COPYRIGHT. All rights reserved. Licence number 100040809 – Plan not to scale Rear of Property Note: In the Auctioneers opinion, the property has future potential for residental conversion/ redevelopment. Asset House
Transcript of and Asset House, 100 Crossbrook Street, 27 Cheshunt ...
LOT
6 WEEK COMPLETION
The Surveyors dealing with this property areJOHN BARNETT and STEVEN GROSSMAN
SITUATIONLocated opposite the junction with Friends Avenue in a mixed commercial and residential area being within close proximity to Theobalds Grove Station and approximately ¼ mile south of a Tesco Metro Supermarket.Cheshunt is located approximately 4 miles north of Enfield and benefits from excellent road links via the M25 (Junction 25) and the A10.
PROPERTY3 Self-Contained Office Buildings with Part Ground Floor Bank comprising:
Bristol & West House:A Bank on the ground floor and Offices on the first and second floors with a lift and gas central heating.Hampton House:2 Self-Contained Office Suites on the ground and first floors with gas central heating.Asset House:A Self-Contained Office Building planned on ground, first and second floors with gas central heating.
Bristol & West House and Hampton House intercommunicate and the property includes 33 marked car parking spaces, the majority of which are located at the rear.
27 Guide Price£1,200,000
Bristol & West House, Hampton Houseand Asset House, 100 Crossbrook Street,Cheshunt, Hertfordshire EN8 8JJ
£100,575 per annum
VAT is payable in respect of this Lot
FREEHOLD
Hampton House
Bristol & West House
LOT
FOR LEGAL DOCUMENTS, PLEASE REFER TO PAGE 4 OF THIS CATALOGUEThe successful Buyer will be liable to pay the Auctioneers an administration
fee of £350 (including VAT) upon exchange of contracts
JOINT AUCTIONEERSLand Commercial – Tel: 020 8498 8080
Ref: L. Diamant Esq – Email: [email protected]’S SOLICITORS
Cubism Law – Tel: 020 7831 0101Ref: D. Ward Esq – Email: [email protected]
27Bristol & West House, Hampton Houseand Asset House, 100 Crossbrook Street,Cheshunt, Hertfordshire EN8 8JJ
TENANCIES & ACCOMMODATIONProperty Accommodation Lessee & Trade Term Ann. Excl. Rental Remarks
Bristol & West House
Ground Floor BankArea Approx 1,895 sq ftPlus 6 car spaces
Bristol & West plc t/a Britannia Building Society (Part of the Co-operative Bank)
15 years from25th March 2004
£20,000 FRI by way of service chargeRent Review 2014
First Floor OfficesArea Approx 2,170 sq ftPlus 7 car spaces
Alexander Ash & Company Ltd(Accountants)
5 years from29th September 2009
£18,000 FRI by way of service charge
First Floor KitchenArea Approx 106 sq ftSecond Floor OfficesArea Approx 1,304 sq ftTotal Area Approx 1,410 sq ftPlus 4 car spaces
Securitas Security Services (UK) Ltd
5 years from29th September 2009
£15,575 FRI by way of service chargeTenant did not operate 2012 Break
Hampton House
Self Contained Ground Floor OfficesArea Approx 1,910 sq ftPlus 5 car spaces
Curo Care Ltd 5 years from29th September 2009
(Note: Vacating 28th September
2013)
£20,000 FRI by way of service charge
Self Contained First Floor OfficesArea Approx 1,695 sq ftPlus 5 car spaces
Hilton Community Services Ltd(Support services to adults with learning difficulties)
5 years from29th September 2009
£17,000 FRI by way of service chargeTenant did not operate 2012 Break
Asset House Self Contained Office Building Comprising:Ground Floor OfficesArea Approx 480 sq ftFirst Floor OfficesArea Approx 480 sq ftSecond Floor OfficesArea Approx 235 sq ftTotal Area Approx 1,195 sq ftPlus 4 car spaces
Battledore Ltd(Building Services)
10 years from12th October 2009
£10,000 FRI by way of service charge (subject to a schedule of condition). Service charge (incl. gas & electricity) capped for first 5 years at £4,216 p.a. in years 1 & 2 rising by RPI in years 3, 4 & 5 plus insurance.Rent Review 2014.Annual Tenant’s Breaks in October each year.£2,875 Rent Deposit held.
TOTAL AREA APPROX 10,275 SQ FT TOTAL £100,575
© CROWN COPYRIGHT. All rights reserved. Licence number 100040809 – Plan not to scale
Rear of Property
Note: In the Auctioneers opinion, the property has future potential for residental conversion/redevelopment.
Asset House
