Ground Rent Investment
*Guide - Nil Reserve - FOR SALE BY PUBLIC AUCTION ON THURSDAY 3RD NOVEMBER 2016 AT 2.30PM AT OKEHAMPTON BUSINESS CENTRE. A Freehold Ground Rent Investment, comprising 8 long leasehold flats with a combined ground rent of £80pa. (Section 5 notices have been served in accordance with the Act)
Tenure
Freehold
Auctioneers Note
Full details of the Freehold, Leases, Administration and Service charges, will be available in the auction legal pack
Buyers Premium
The purchaser will pay the Auctioneer a "Buyers Premium" of £900 (£750 + vat) on exchanging contracts on this Lot
Energy Efficiency Rating (EPC)
Current Rating N/A
Local Authority
Cornwall Council
Solicitors
Nalders Solicitors, First Floor, 104 Market Jew Street, Penzance, Cornwall, TR18 2LE, Ref: Ellen Regan, Tel: 01736 364014
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £600 (£500 + vat) to the Auctioneers, on exchange of contracts
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.