Lot 72 - 46 The Market Place, Hampstead Garden Suburb, NW11 6JP


About the property

Freehold Ground Rents

By Order of the Executors

London Borough of Barnet

Situated between Kingsley Way and North Way, in a popular residential area close to local shopping/travelling facilities.

Freehold Ground Rents amounting to £235 per annum derived from a Ground Floor Shop and Two Self-Contained Flats each on lease as follows: 

Self-Contained Second Floor Flat -999 years from 25th March 1978 at a ground rent of £35 per annum.

Self-Contained First Floor Flat - 99 years from 25th December 1984 at a current ground rent of £200 per annum rising.  Valuable Reversion in approximately 60 years

Ground Floor Shop - 999 years from 25th June 1997 at a peppercorn ground rent.

In accordance with Section 5(B) of the Landlord and Tenant Act 1987 notices have been served on the lessees. The lessees have not reserved their rights of first refusal.

Joint Auctioneers: Messrs. Wenlock & Taylor
0208 969 0122

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.

There is a buyers fee payable to McHugh & Co of £1,000 incl. VAT for lots sold over £10,000. Lots sold for less than £10,000 a buyers fee of £300 incl. VAT is to be paid to McHugh & Co.

The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.

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