2 bed Flat For Sale £140,000
2 Shot Tower Close, Chester, Cheshire, CH1 3BT

Interested parties should contact Knight Frank Auctions for further information.

Description
By order of the Joint LPA Receivers.

A long leasehold, ground floor two bedroom flat with two private balconies and undercroft parking, forming part of a purpose-built residential development. The flat benefits from a secure door entry system and looks over the Shropshire Union Canal.

Accommodation: Reception / Kitchen, Two bedrooms (one with en-suite), and Bathroom. External: Two private balconies & an undercroft parking space.

The property is currently occupied, but the tenant has served notice to vacate on 30th September 2023, thus the property will be offered with vacant possession upon completion of the sale. Please refer to the legal pack.

NB. Knight Frank have not inspected the property. Accommodation has been confirmed by the Joint LPA Receivers

Location
Shot Tower Close is situated just east of Chester city centre, directly overlooking the northern bank of the Shropshire Union Canal. The location benefits from excellent road and public transport links including the A41 and A55, together with Chester Train Station. A wide array of recreational facilities and amenities are within walking distance.

Tenure
Leasehold 150 yrs from 1/1/2004, thus 130+ yrs remaining. GR is £150 pa. Refer to legal pack for service charge.

Buyers Fee
The buyers fee is £1500 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

Auction Details
The sale of this property will take place on the stated date by way of and is being sold as Unconditional.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to the Common Auction Conditions and Extra General Conditions.

Auctioneer Fees and Deposit
The following deposits and non-refundable auctioneer fees apply:

• 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Each property sold is subject to a Reserve Price. The Reserve Price will 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. A full definition can be found within the Buyers Terms.