Interested parties should contact Knight Frank Auctions for further information.

Description
On the instructions of a Major Charity.

The subject property comprises two separate sites. Both sites front the towpath to the Grand Union Canal and are separated from each other by a pair of semi detached canal-side cottages.

The more northerly of the two sites is Apsley Depot and the more southerly site is the Former Telecoms Site. Vehicular access to Apsley Depot is by way of a driveway from Ebberns Road which is located between Waterside Court and Willow Court, which are both modern apartment developments. Vehicular access to the Former Telecoms Site is only available through Apsley Depot and then along the canal towpath which is particularly wide along this stretch of the canal.

Apsley Depot

A roughly rectangular shaped site of approximately 0.07 hectares (0.17 acres), excluding the area of the access drive. The site was previously in use as a maintenance and storage depot. There are three buildings on site as follows:
Offices/Stores (approx. 77.14 sq m / 830 sq ft)
A two storey building of masonry construction with part rendered elevations under a pitched tiled roof. The ground floor comprises two separate single garages utilised for general storage. There is a pedestrian access door in the side elevation leading to a staircase to the first floor which is laid out as an open plan office with separately partitioned kitchen and WC.
Workshop/Stores (approx. 57.12 sq m / 615 sq ft)
A single storey workshop/storage building of mainly brick construction with a corrugated cement sheet covered roof and which has been subdivided into individual workshops/storage areas and a works office.
Garage/Store (approx. 59.52 sq m / 644 sq ft)
Single storey brick built garage/storage building with a corrugated cement sheet covered roof which has been extended to one side.

Former Telecoms Site

In addition to the aforementioned vehicular access, pedestrian access to the towpath is available adjacent to the site from the canal footbridge. The site is roughly rectangular in shape and extends to approximately 0.04 hectares (0.10 acres). To the front of the site is an extensively overgrown yard/parking area and there is a single building formed along the rear boundary. The building is a single storey brick structure beneath a pitched tiled roof extending to approx. 32 sq m / 344 sq ft.

Site areas and accommodation, together with areas have been provided by the vendor. Interested parties are advised to rely on their own enquiries.

The site plan (including any outline) forming part of marketing is for illustrative purposes only. Interested parties are advised to refer to the Plan(s) and Transfer in the legal pack.

The sites are to be sold with vacant possession and offer asset management potential, together with development potential (subject to obtaining the necessary consents). Interested parties are to rely on their own enquiries in this regard.

Mooring rights are not included.

Location
Apsley is suburb of Hemel Hempstead and is a village in Hertfordshire. It is set in a valley within the Chiltern Hills below the confluence of the River Gade and River Bulbourne. It also sits alongside the Grand Union Canal.

Apsley has its own railway station on the West Coast mainline with direct trains to London Euston with a travel time of approximately 30 minutes. It is also well located for access to the national motorway network with the A40 trunk road running just to the west of the village, providing a direct link to the M25 approximately 3 miles to the south at junction 20. In addition, M1 junction 8 is accessible via St Albans Road/Breakspear Way (A414) approximately 3 miles to the north-east.

The subject property is located to the south-western side of Ebberns Road, fronting the north-eastern bank of the Grand Union Canal close to Boardy Lock. Ebberns Road is predominantly residential.

Occupancy
Vacant

Tenure
Freehold

The buyers fee is including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

Auction Details
The sale of this property will take place on the stated date by way of and is being sold as Unconditional.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to the Common Auction Conditions and Extra General Conditions.

Auctioneer Fees and Deposit
The following deposits and non-refundable auctioneer fees apply:

• 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Each property sold is subject to a Reserve Price. The Reserve Price will 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. A full definition can be found within the Buyers Terms.