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A First Floor One Bedroom Flat Subject to a Periodic Tenancy Producing £8,400 per annum
The property comprises a first floor one bedroom flat situated within a mixed use building arranged over ground and two upper floors.
Tenure
Leasehold. The property is held on a 150 year lease from November 2016 (thus approximately 146 years unexpired).
Location
The property is situated in the heart of Southampton City Centre with its local shops and amenities. The open spaces of Palmerston Park are within easy reach. Transport links are provided by Southampton Central rail station.
Accommodation
First Floor Reception with Open Plan Kitchen Bedroom Bathroom
Exterior
The property is accessed via the rear of the building on Sussex Road and benefits from a communal entrance and a video door entry system.
Tenancy
The property is subject to an Periodic Tenancy at a rent of £700 per calendar month.
Current Rent Reserved
Current Rent Reserved £8,400 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.