37, Kew Road & 1 Sun Alley, RICHMOND, Surrey, TW9 2NQ

IMPORTANT ANNOUNCEMENT UPLOADED
THERE IS AN ANNOUNCEMENT RELATING TO THIS LOT THIS HAS BEEN ADDED TO THE LEGAL PACK.
IF YOU ARE BIDDING YOU ARE DEEMED TO HAVE KNOWLEDGE OF THIS ANNOUNCEMENT TOGETHER WITH ALL OTHER LEGAL DOCUMENTS AND SPECIAL CONDITIONS OF SALE.
Announcement
Please see the “ANNOUNCEMENT” on the Legal Docs.
There is a revised transfer located within the Legal Docs upon the Auctioneers Website.

Substantial freehold three floor mid terrace building
Arranged as ground floor retail unit let to William Hill, first floor dance studio (1 Sun Alley) let and first & second floor offices - vacant
Part investment / part vacant possession

Location:
The property is situated on Kew Road within the heart of Richmond town centre, off Twickenham Road (A316). The property benefits from a high volume of passing pedestrian and vehicular traffic. Nearby retailers include Carluccio’s, KFC, Betfred, Subway, Starbucks, Amazon Fresh and Sainsbury’s Local, together with a number of offices, bars, cafes, restaurants and independent retailers. Within 100 yards are Richmond mainline/overground station with trains to Clapham Junction and London Waterloo, Richmond
Underground Station (District Line), and a network of local bus services. Road links include the A205, A307 and the A316 which connects to the M3 and the A4 (M4). Recreational pursuits can be found locally at the open spaces of nearby Richmond Green, Old Deer Park, Kew Gardens, Richmond Park, and along the River Thames.

Description:
Substantial freehold mid terrace building arranged over cellar, ground, first and second floors. Arranged as ground floor & cellar retail unit let to William Hill, first floor dance studio (1 Sun Alley) – let. With the first & second floor offices offered with vacant possession.

Accommodation:
37 Kew Road - Ground Floor and Cellar
Accommodation: L shaped shop, office, store room, kitchen, two WC’s, Cellar
Outside: Forecourt
Tenancy: The property is let on a lease for a term of 10 years from 24th June 2012 (Holding over) to William Hill Organization Limited
Rent: £27,200 per annum
EPC Rating: TBC

1 Sun Alley - First Floor
Accommodation: Dance studio, office, kitchen, WC’s
Outside: entrance stairs
Tenancy: The property is let on a lease for a term of 3 years from June 2016 (Holding over) let as a dance/fitness/yoga studio
Rent: £12,000 per annum
EPC Rating: TBC

Offices - First and Second Floor
Accommodation:
Ground floor: Private entrance
First floor: Open plan office, second office, WC, kitchen
Second floor: Four offices
Tenancy: Vacant
EPC Rating: G

Rent reserved:
£39,200 pa with vacant possession of first and second floor offices

Potential:
The first and second floor offices may be suitable for residential conversion to provide two self-contained flats subject to planning permission and consents. Prospective purchasers must rely on their own enquires in this respect.

To view: 30/8, 1/9, 5/9, 7/9 at 12:40pm
No booking required - Please arrive at the time stated











Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.


1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.