Description

  • One Bed Lower Ground Floor Flat Let to Statutory Tenants Producing £6,300 Per Annum
  • We Are Advised that if Vacant, it Might be Possible to Convert into a 2 Bedroom Flat (Subject to Any Necessary Consents)
LOCATION Situated on the east side of Park Road which runs between Aldwick Road and Marine Drive West. The property is conveniently located close to local shops, amenities and the seafront. DESCRIPTION A one bedroom lower ground floor flat let to Statutory Tenants under the 1977 Rent Act at a rental of £6,300 per annum, comprising of lounge, kitchen, bedroom, bathroom and garden. We are advised by our client that if vacant, it might be possible to convert into a 2 bedroom flat (subject to any necessary consents). PLEASE NOTE THAT WE HAVE NOT BEEN ABLE TO INSPECT THIS PROPERTY AND THAT INTERNAL VIEWINGS ARE NOT POSSIBLE.

Solicitors

Black Norman Solicitors, 67-71 Coronation Road, Crosby, Liverpool, L23 5RH Tel: 0151 931 2777 Contact: Howard Norman

Accommodation

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TENANCY: Currently let to Statutory Tenants under the 1977 Rent Act at a rental of £6,300 per annum
TENURE: Leasehold with share of freehold and subject to existing tenancy
OUTGOINGS
LEASE: 99 years from 1st May 2005
GROUND RENT: To be advised
MAINTENANCE: To be advised

Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.