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A Second & Third Floor Two Bedroom Flat Subject to a Periodic Tenancy Producing £7,800 per annum
The property comprises a second & third floor two bedroom flat situated within a mid-terrace building arranged over ground (commercial) and three upper floors.
Tenure
Leasehold. The property will be held on a new lease for a term of 125 years from the date of completion at a current ground rent of £100 per annum.
Location
The property is situated in the seaside town of Clacton-on-Sea close to local shops and amenities. Clacton Pier and Beach are within easy walking distance. Transport links are provided by Clacton-on-Sea rail station.
Accommodation
Second Floor Open Plan Reception/Kitchen Bedroom Third Floor Bedroom Shower Room with WC
Tenancy
The property is subject to a Periodic Tenancy commencing August 2019 at a rent of £650 per calendar month.
Current Rent Reserved
Current Rent Reserved £7,800 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.