MapMixed use
Auction
Auction
Sold STC
Mixed use
4 beds
Key information
Tenure: Freehold
Council tax: Ask agent
Features and description
Guide Price £850,000 Plus Fees
For sale by unconditional online auction, registration is now open. Bidding opens on 26/02/2025 09:00 and ends on 26/02/2025 10:07.
For sale by online auction on 26 February 2025
Bidding opens at 9:00am and closes from 9:30am onwards
£75,000 pa Income
Mixed Use Investment
3 Residential Flats
Commercial Unit
Close to Potters Bar Station
Town & Country Property Auction are pleased to present this converted mixed-use terrace property in the heart of Potters Bar, Hertfordshire, England. 31a & 31c The Broadway, Darkes Lane, Potters Bar EN6. The property comprises: Commercial unit and 1 bedroom flat on the ground floor, with further 1 bedroom flat on the first floor. A 2 bedroom maisonette flat occupies the second and third floors.
The total income for the property is £75,000 with the breakdown below:
Commercial unit - £20,000
31a - £17,280
31b - £18,000
31c - £19,800
31, Ground floor shop, 13 years Lease remaining, FRI, 5 year rent review (454 SQFT).
31A, One Bedroom flat, First floor (551 SQFT).
31B, Two Bedrooms flat, Second & Third floor (756 SQFT).
31C, Ground floor Flat (443 SQFT)
Located a few minutes walk to Potters Bar station and literally a stones throw to many new local shops and restaurants. See legal pack for further information.
Tenure
Freehold
Terms
Legal Pack
To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk
UNCONDITIONAL LOT Exchange and administration fee information: (plus fees)
Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.
Registration Process
To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”. You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.
For sale by unconditional online auction, registration is now open. Bidding opens on 26/02/2025 09:00 and ends on 26/02/2025 10:07.
For sale by online auction on 26 February 2025
Bidding opens at 9:00am and closes from 9:30am onwards
£75,000 pa Income
Mixed Use Investment
3 Residential Flats
Commercial Unit
Close to Potters Bar Station
Town & Country Property Auction are pleased to present this converted mixed-use terrace property in the heart of Potters Bar, Hertfordshire, England. 31a & 31c The Broadway, Darkes Lane, Potters Bar EN6. The property comprises: Commercial unit and 1 bedroom flat on the ground floor, with further 1 bedroom flat on the first floor. A 2 bedroom maisonette flat occupies the second and third floors.
The total income for the property is £75,000 with the breakdown below:
Commercial unit - £20,000
31a - £17,280
31b - £18,000
31c - £19,800
31, Ground floor shop, 13 years Lease remaining, FRI, 5 year rent review (454 SQFT).
31A, One Bedroom flat, First floor (551 SQFT).
31B, Two Bedrooms flat, Second & Third floor (756 SQFT).
31C, Ground floor Flat (443 SQFT)
Located a few minutes walk to Potters Bar station and literally a stones throw to many new local shops and restaurants. See legal pack for further information.
Tenure
Freehold
Terms
Legal Pack
To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk
UNCONDITIONAL LOT Exchange and administration fee information: (plus fees)
Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.
Registration Process
To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”. You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.
About this agent
Town & Country can trace their history back to the early building societies of the nineteenth century, and more latterly the Town & Country Building Society which was formed in 1974. Town & Country Estate Agents formed in 1991 gaining immediate success with a model putting customer service to the forefront. Following expansion over North Wales, North-West and Shropshire, estate agency headquarters were established in Chester City Centre in 2007. 2010 saw the establishment of Town & Country Property Auctions with expansion into the UK, Ireland and overseas in 2018. The continued growth of TCPA nationwide has facilitated a move to new prestigious premises at Regus House, Chester followed by the development of a new digital marketplace for property auctions, with the goal of providing an easy to use, transparent platform for auction buyers and sellers in the modern ag