Tenanted leasehold flat with 65 years remaining on the lease, currently let at £700 cpm/£8,400 per annum
Situated in the small market town of Westbury this is a good sized 2 bedroom flat of approx 60 sqm/642 sqft with the added benefit of a garage. The property is held on a 99 year lease with approximately 65 years remaining. As a consequence it is unlikely to be mortgageable until the lease has been extended. Westbury is well positioned for commuters with easy access to all major road and railway connections with the mainline railway station offering links to London (1 hour 26 minutes), Wales and the whole of the South West of England making it ideal for investment purposes.
Leasehold. 99 years from 25 December 1985
Sold subject to the existing assure shorthold tenancy
By appointment with Auction House 0117 946 4949
Search Pack Fee
£360 inc VAT payable upon exchange of contracts.
For Sale by Online Auction
On Thursday 28th May at 1.00pm
Please note the auctioneers have made their best endeavours to disclose all additional fees. Interested parties should refer to the special conditions of sale contained in the Legal Pack for any late amendments or additions to these fees as well as the auction day addendum sheet prior to bidding.
A full auction legal pack can be downloaded from www.auctionhousebristol.co.uk once available. For further information on the other lots in this auction please visit the website.
Buyer's Premium - £2200 inc VAT payable on exchange of contracts.
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.