Ground Rent Portfolio – 15x Properties Producing £3,200 pa

Freehold ground rent portfolio of 15 x properties across three locations, currently producing £3,200 pa (total). The specific addresses are as follows:- Nos 21, 21a, 22, 23, 24, 25, 27, 29, 31, 33, 35 & 37 Alpine Close, Lostock Hall, Preston. PR5 5LN. 186 Chandlers Way, Sutton Mannor, St Helens, WA9 4TG & 19 & 23 Waymark Gardens, Sutton Manor, St Helens, WA9 4SD. The leasehold interests for Alpine Close are for a term of 999 years from 1/1/2008, while 186 Chandlers Way is 999 years from 1/1/2005. 19 & 23 Waymark Gardens are both 250 years from 1/1/2008. The individual ground rents range from £175 per annum up to £250 per annum. A full schedule is available within the legal pack. Tenure: Freehold x 2 Title number: LAN46466 & MS618340 Length of Lease/Term: Ground Rent : £ Service Charge: £ Council Tax Band : Local Authority: Preston & St Helens Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Local Authority

Preston City Council

Solicitors

Land Law, Ref: Land Law

Additional Fees

Administration Charge - 2.5% inc VAT of the purchase price, subject to a minimum of £1980 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.