Auction House London

Lot

 

17 Common Road

Claygate, Esher, Surrey, KT10 0HG

£20,000+

Guide Price

A Partly-Reversionary Freehold Ground Rent Investment secured upon a Semi-Detached Building Internally Arranged to Provide Two Self-Contained Flats producing £200 per annum. One of the Flats has 71 years unexpired on the Lease.

Description

The property comprises a ground rent investment secured upon a semi-detached building arranged over ground and first floors. The building is internally arranged to provide two self-contained flats.

Location

The property is situated in the popular residential area of Claygate lose to local shops and amenities. The open spaces of Claygate Common and Hinchley Wood are within easy reach. Transport links are provided by Claygate rail station.

Tenure (2nd Column)

Freehold

Note (2nd Column)

The Landlord insures and manages the building

S5(b) Notices have been served under the Landlord & Tenant Act 1987 and the leaseholders have not reserved their rights.

Total Current Rent Reserved £200 per annum. Reversionary Lease on First Floor Flat

Accommdation & Tenancy Schedule

Floor Accommodation Terms Of Tenancy
Ground Two Bedroom Flat (not inspected) 125 year lease from 24th June 2013 at a current ground rent of £100 p.a.
First One Bedroom Flat (not inspected) 99 year lease from 24th June 1987 at a current ground rent of £100 p.a.

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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