Auction House / South Yorkshire
  • For Sale By Unconditional Online Auction
  • Guide Price* : £1
  • Auction Ended 01/08/2023
  • Lot 22

Freehold Ground Rent Interest 32B Grosvenor and 7 Lancaster Road, Southport, Merseyside, PR8 2ES

Freehold Ground Rent Interest, 32B Grosvenor and 7 Lancaster Road • PR8 2ES

please register to bid via our website - auctionhouse.co.uk

Description

Freehold Ground Rent Interest, 32B Grosvenor and 7 Lancaster Road • PR8 2ES

please register to bid via our website - auctionhouse.co.uk

Freehold Ground Rent Interest, 32B Grosvenor and 7 Lancaster Road • PR8 2ES

This auction lot consists of 2 separate freehold ground rent investment interests secured upon these 2 attractive detached family houses. Each house benefits from having front and rear gardens, garaging and secure off road parking drive areas to the front.

Both Freehold Ground Rent investments are located in a very sought after residential area in the popular Southport, Birkdale area and in close proximity to the very popular well regarded "Royal Birkdale Golf Course".

The Freehold Interest of 32b Grosvenor Road, Southport, Birkdale is being sold subject to a 999 year FR&I Tenanted Occupational Ground lease producing a yearly ground rent income of £25pa

The Freehold Interest of 7 Lancaster Road, Southport, Birkdale is being sold subject to a 999 year FR&I Tenanted Occupationial Ground lease producing a yearly ground rent income of £15 pa

The buyer of this auction lot will therefore benefit from receiving a combined yearly ground rent income of approximately £40 per annum derived from both freehold ground rent investments, which they must pay the new buyer for the remainder of the long leases.

Tenure: Freehold

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.

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

A problem with your internet connection has been detected.
We'll reconnect you as soon as we can.

Bidding History 3 Bids
User Amount Date
Bidder 1 £251 31/07/23 13:37:56
Bidder 2 31/07/23 13:37:56
Bidder 1 £1 31/07/23 13:30:14
  • Detached House
  • Unconditional (Immediate Exchange)

Call the team on 0114 223 0777 for more information

Request more info
Finance available on this property
Find out more

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.