Commercial Property
The Auctioneers have not been able to inspect the premises at the time of going to print however it is understood that the property is operating as the Amir-E-Millat Mosque and Community Centre and that both the ground and first floors are configured into a number of rooms which are utilised by the Mosque.
On Behalf of The Joint LPA Receivers
The property comprises a two story corner terraced property located at the junction between Stoney Lane and Wilton Road and is currently operating as a Mosque.
Commercial Investment
A Freehold Corner Property Investment Producing £15,000 per annum.
The property is occupied and operating as the Amir-E-Millat Mosque and Community Centre. We understand that there is a concurrent tenancy in place between Amar Shabir and Amir-E-Millat Centre for a term of 15 years from the 1st January 2005 at an initial rent of £15,000 per annum. We believe that this is the current rent and that there are some 6 years unexpired. We understand that there is also an occupational Lease in place between Amar Shabir and Malik Nadeeme Shan in respect of the property for a term of 99 years from the 21st November 2003 at a rent of £1 per annum.
We understand that the property is Freehold and is being sold subject to the existing tenancy.
Strictly by arrangement with the Auctioneers.