COVID-19 – Important Auction Information
For Sale By Auction | 12:00, 11 December 2020 | Lot 14

Nexus Apartments, Addison Close, Gillingham, Dorset, SP8 4LR

*Guide | £50,000 (plus fees)

  • Property For Sale
  • Tenure: Freehold

Call the team on 01258 473766 for more information

Auction Date

Fri 11/12/2020

Auction Time

12:00

Auction Venue

Livestream

Nexus Apartments

Freehold ground rent investment on 20 self contained flats in this established residential area located close to the town centre. Passing Ground Rent of £4,000 pa with fixed increase in 2032. Each flat subject to lease with approx. 110 years unexpired.

Tenure

Freehold

Local Authority

Dorset Council

Solicitors

Humphries Kirk LLP, Crewkerne TA18 7JU, Ref: k.jones@hklaw.uk, Tel: 01460 279100

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £900 plus VAT payable on exchange or at the fall of the hammer. For purchases under £50,000 the fee with be £750 plus VAT.

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