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A Two Bedroom Ground Floor Flat Subject to an Assured Shorthold Tenancy Producing £7,200 per annum
The property comprises a ground floor two bedroom flat situated within an end of terrace building arranged over ground and four upper floors. The property benefits from sea views.
Tenure
Long Leasehold. The property is held on a 199 year lease from 1st December 2015 (thus approximately 194 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of The Oval Gardens and Margate Beach are within easy reach. Transport links are provided by Margate rail station.
Accommodation
Second Floor Entrance Hall Reception Room Kitchen Two Bedrooms Bathroom with WC & wash basin
Tenancy
The property is subject to an Assured Shorthold Tenancy for a term of 6 months commencing 5th March 2018 at a rent of £600 per calendar month (holding over).
Current Rent Reserved
Current Rent Reserved £7,200 per annum
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
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 £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.