Next auction Thursday 15th August 2.30PM

Unit 1 The Horizon Building, 51-69 Ilford Hill, Ilford, Essex, IG1 2ZN



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Guide price

£575,000+


Property Type

Commercial


Key Features

  • An opportunity to acquire a ground floor commercial unit measuring 3,778 sq ft
  • Located in a prominent position in the heart of Ilford town centre.
  • Ideal opportunity for owner operators and investors

Part of the 20 June 2024 auction
Trent Bridge Cricket Ground at 2.30PM

An opportunity to acquire a ground floor commercial unit measuring 3,778 sq ft located in a prominent position in the heart of Ilford town centre.

  • Long Leasehold ground floor commercial unit
  • Located in the vibrant town centre of Ilford
  • Walking distance to the Exchange shopping mall & High St
  • Adjacent to Ilford Station, one of London's busiest stations
  • Ilford station links to key destinations such as Central London
  • Favorable road links with A123, A12 & the London North Circular
  • Situated within a New Mixed Use Building
  • Ground floor extends to 3,778 sq ft
  • Offered in a shell and core condition
  • Fully glazed frontage onto Ilford Hill
  • High levels of footfall along Ilford Hill
  • Benefits from 3 Phase Power (untested)
  • Property also has rear access for loading/unloading
  • Estimated Rental Value of £52,000 pa
  • Suitable for alternative uses (STP)
  • Ideal opportunity for owner operators and investors

Contact Auction Estates on 0115 7844 600

Fees

A buyer's premium of £1,800 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. 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.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers, Auction Estates, and Vendors Solicitors seven days prior to sale and the Purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to auction. Prospective Purchasers are advised to check with the auctioneers, Auction Estates, before the sale that the property is neither sold or withdrawn. The Purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Whilst Auction Estates make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of the properties in our auction 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, outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry to such sites is entirely at the viewers' risk.

Offered for sale on a Long Leasehold basis with vacant possession (refer to Legal Pack)

Refer to Legal Pack

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