Property Auctions - knebworth

Auction date: Wed, 07/08/2019 - 14:30

Requiring refurbishment, a detached three bedroom bungalow within a large plot of approximately a third of an acre with development potential. Ideal for investment.

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A freehold site and buildings with development potential (STPP) currently let at £26,000 per annum pre-app planning submitted for residential redevelopment, vacant possession available on 6 month notice

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The property comprises a total site area of approximately 0.2 acres partially occupied by a range of workshops, offices and storage together with retail showroom areas. Vehicular access is provided directly from the road with the remainder of the site providing parking facilities. A planning pre-application has been submitted for the development of the new build premises comprising a number of self contained purpose built apartments. Such development would be subject to the necessary consents. The property is currently let at a rent of £26,000 per annum. Vacant possession available on 6 month notice. Ideal for investment.

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Freehold ground rents secured upon a ground floor shop and 23 self-contained flats. Total ground rent reserved £10,750 per annum