COVID-19 – Important Auction Information
For Sale By Auction | 2.30pm, 26 July 2022

Laureldene, 28 Chapel Street, Petersfield, Hampshire, GU32 3DZ

*Guide | £10,000 - £12,000 (plus fees)

  • Commercial Property

Call the team on 01273 201989 for more information

Auction Date

Tue 26/07/2022

Auction Time

2.30pm

Auction Venue

Live Stream

On the instructions of Petersfield Methodist Church Freehold ground rent investment producing £200 pa (rising) with 1 short lease with only 60 years remaining.

Detached freehold ground rent investment,the former Vicarage, arranged as three leasehold flats each with a car space. Situation The property is situated in central Petersfield. Leases Flat 1 - 189 year lease from 25th March 1983 - 188 years remaining Flat 2 - 99 year lease from 2th March 1983 - 60 years remaining - a 1 Bedroom Flat 3 - 160 year lease from 25th March 1983 - 121 years remaining Ground Rents Flat 1 - Peppercorn rent Flat 2 - Current rent £100 per annum increasing every 33 years £50/£100/£150 Flat 3 - Current rent £100 per annum increasing by £100 every 25 years Notices Section 5B Notices Landlord & Tenant Act 1987 ( as amended ) have been served.

Lot Type

Ground Rents

Additional Fees

Administration Charge - Purchasers will be required to pay an Administration fee of 0.3% (0.25% plus VAT) of the sale price, subject to a minimum of £1,200 (£1,000 plus VAT)

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.