* Freehold
* Auction sale
* 12 March 2024
* EPC Rating - n/a
* Investment
**Summary**
auction sale 12 March 2024 - Freehold Ground Rent Investment,
Secured on One Flat and One Retail Unit,
Total Ground Rent Reserved £1, 300 per annum,
to sell your property in our next auction call us now.
**Description**
Freehold Ground Rent Investment
Secured on One Flat and One Retail Unit
Total Ground Rent Reserved £1, 300 per annum.
Description:
The property comprises this mid terrace three floor building arranged to
provide a ground floor retail premises with two floor maisonette above with
each of these sold on a long lease.
Lease:
The Retail Unit: No 75a High Street is sold on a lease for a term of 999 years
from 1st January 2018 at a ground rent of £1, 000 per annum.
The Maisonette: No 75b High Street is sold on a lease for a term of 999 years
from 1st January 2018 at a ground rent of £300 per annum.
Total Ground Rent Reserved:
£1, 300 per annum.
Important Notice:
For each Lot, a contract documentation fee of £1, 500 (inclusive of VAT) is
payable to Barnard Marcus Auctions by the buyer. 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.
The Guide Price quoted must not be relied upon by prospective purchasers as a
valuation or assessment of value of the property. It is intended to provide
purchasers with an indication of the region at which the reserve may be set at
the time of going to press. The guide price may be subject to variation and
interested parties are advised to make regular checks for variations and
should be aware that the reserve price may be either below or above the quoted
guide price.
Prospective purchasers should also be aware that the eventual sale price may
be above or below the guide level dependent upon competition, and should
therefore not presume the guide to be indicative of the final expected sale
price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the
seller’s instructions in respect of their indicated reserve price at the time
of instruction. The reserve price, (the level below which the property will
not be sold), remains confidential between the seller and the auctioneer. The
guide price therefore, is intended to indicate the region at which the reserve
price is intended to be set. The seller will confirm their final reserve price
close to the auction date and if appropriate the auctioneers may adjust the
guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of
viewers at properties, we have not carried out a detailed Health & Safety
inspection of properties in our auctions and cannot therefore guarantee the
safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own
risk. Particular care should be taken when accessing cellars, attics, exterior
grounds and outbuildings and boundaries. All non - conducted inspections of
vacant sites should be made in daylight hours only and entry into such sites
is entirely at the viewers risk.
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\. Photographs and Measurements: Some images may have been taken by a wide
angled lens camera. 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 sequence (UK) limited nor any of its
employees or agents has any authority to make or give any representation or
warranty whatever in relation to this property.
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\. Photographs and Measurements: Some images may have been taken by a wide
angled lens camera. 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 sequence (UK) limited nor any of its
employees or agents has any authority to make or give any representation or
warranty whatever in relation to this property.

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