Next auction Thursday 20th June 2.30PM

Ground Rent Investment, Swan Road/Crescent Road, Harrogate, HG1 2RS



Withdrawn
Withdrawn
Guide price

£33,000+


Property Type

Investment


Key Features

  • A ground rent investment producing a combined rental income of £2,200 per annum
  • Ground rents from 11 apartments, each at £200 per annum
  • 120 year leases

Part of the 13 December 2018 auction
Nottingham Racecourse at 2.30PM

A residential ground rent investment producing a combined rental income of £2,200 per annum, forming part of an attractive Town Centre residential development.

  • Ground rents from 11 apartments, each at £200 per annum
  • Comprising an attractive residential development
  • 6 x apartments lease terms of 120 years to 2138
  • 5 x apartments lease terms of 120 years to 2136
  • Located in the heart of Harrogate town centre
  • Specialist investment opportunity

This is a ground rent investment only - no viewings will be conducted.

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

6 x apartments lease terms of 120 years to 2138 and 5 x apartments lease terms of 120 years to 2136 (refer to legal pack for lease details)

Email: ellen.crabtree@tltsolicitors.com
Telephone: 0333 006 1231

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