Auction Property  

Central House, Kings Road, Fleet

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Features

  • Auction Date: 15th-16th December 2020
  • Guide Price: £20,000+
  • Freehold Investment Opportunity
  • Freehold Title Number: HP371737
  • 14 Long Leasehold Agreements
  • Annual Ground Rent Income: £3,500
  • Freehold

Address

The Freehold Interest Central House, Kings RoadFleetHampshireGU51 3AD
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Property Details

•Auction Date: 15th-16th December 2020
•Guide Price: £20,000+
•Freehold Investment Opportunity
•14 Long Leasehold Agreements
•Annual Ground Rent Income: £3,500

•Auction Date: 15th-16th December 2020
•Guide Price: £20,000+
•Freehold Investment Opportunity
•14 Long Leasehold Agreements
•Annual Ground Rent Income: £3,500

An opportunity to acquire the freehold interest for a modern apartment block comprising of 14 long leaseholds in the town of Fleet.

Lease Details:

125 years from 25 December 2015
Approx. 120 years unexpired
Leases are in excess of 70 years unexpired - no marriage value
Annual ground rent of £250 per annum (assumed for each flat)
Ground rent payable on 24 June and 25 December in each year

Services

We understand the property to have mains electricity, water and drainage. Interested parties should make their own enquiries

VAT

TBC

Tenure

Freehold

Guide Price

£20,000+

Buyers Premium

A 2% inc VAT (min £3,600) buyers premium is applicable on the purchase of this property.

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