Land For Sale £35,000
Basement/ Lock Up Store with Development Potential and Private Entrance, Southsea, PO5 - Leasehold
Guide Price £35,000 * Buyers Premium Applies
For sale by public auction.30/07/2021.
Auction venue: Now Accepting New Instructions for our Online Auctions - Register Today .
Register on this lot today. The legal pack can be downloaded from our website, .
Guide price: £35,000 to £45,000
Town & Country Property Auctions are delighted to offer for sale this unique development opportunity situated in Southsea, PO5. The property is currently a basement/ lock up store with potential (subject to planning) to convert into a studio apartment. The property has its own front & rear private entrance and long lease. Please review the legal pack for more information. The property is sold with vacant possession.
Property features
Basement / Lock Up Store
. Potential to Convert into a Studio Apartment (stp)
. Long Lease
. Vacant
. Private Entrance
. Sold as Seen / Development Project / Storage
Service charge information
Remaining Lease: Approx. 96 Years Remaining
. Service Charge: Please review legal pack
. Ground Rent: £50 Per Annum
Arrange A viewing
Due to the covid-19 restrictions all viewers must wear protective gloves, face masks and follow social distancing rules when viewing this property. Children under the age of 18 are not permitted to view. To arrange a viewing please contact us.
Buying with A mortgage / proof of funds
You must ensure that you have the ability to purchase the property before viewing. You will be asked to provide proof of funds if a cash buyer or a mortgage decision in principle if purchasing with a mortgage. If buying with a mortgage we suggest conducting a survey prior to the auction to ensure your lender is happy to lend. The winning bidder will be subject to paying our buyers premium and a 5% deposit which is non refundable.
Tenure
Leasehold
unconditional lot Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a deposit and a 2%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Guide Price £35,000 * Buyers Premium Applies
For sale by public auction.30/07/2021.
Auction venue: Now Accepting New Instructions for our Online Auctions - Register Today .
Register on this lot today. The legal pack can be downloaded from our website, .
Guide price: £35,000 to £45,000
Town & Country Property Auctions are delighted to offer for sale this unique development opportunity situated in Southsea, PO5. The property is currently a basement/ lock up store with potential (subject to planning) to convert into a studio apartment. The property has its own front & rear private entrance and long lease. Please review the legal pack for more information. The property is sold with vacant possession.
Property features
Basement / Lock Up Store
. Potential to Convert into a Studio Apartment (stp)
. Long Lease
. Vacant
. Private Entrance
. Sold as Seen / Development Project / Storage
Service charge information
Remaining Lease: Approx. 96 Years Remaining
. Service Charge: Please review legal pack
. Ground Rent: £50 Per Annum
Arrange A viewing
Due to the covid-19 restrictions all viewers must wear protective gloves, face masks and follow social distancing rules when viewing this property. Children under the age of 18 are not permitted to view. To arrange a viewing please contact us.
Buying with A mortgage / proof of funds
You must ensure that you have the ability to purchase the property before viewing. You will be asked to provide proof of funds if a cash buyer or a mortgage decision in principle if purchasing with a mortgage. If buying with a mortgage we suggest conducting a survey prior to the auction to ensure your lender is happy to lend. The winning bidder will be subject to paying our buyers premium and a 5% deposit which is non refundable.
Tenure
Leasehold
unconditional lot Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a deposit and a 2%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
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