Marlborough Terrace, Bridlington, East Yorkshire

£5,000

Guide price

FOR SALE ON WEDNESDAY 12th MAY 2021 AT 6.30PM BY ONLINE AUCTION. Freehold Ground Rents generating £1,760 pa income. GUIDE £5,000 - £10,000

Description

Freehold Ground Rents secured upon six self contained flats within a mid terrace property. Details of the leasehold terms and income are given in the schedule.

Location

The property lies close to Bridlington Town Centre and and all local shops and facilities, as well as the north side seafront, the Leisure World complex and harbour within this popular East Coast resort town.

Method of Sale

The property will be offered for sale by public auction on Wednesday 12th May 2021 at 6.30pm by online auction. For further legal information relating to this lot please log on to www.auctionhouse.uk.net/hullandeastyorkshire.

Conditions of Sale

The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer's offices, with the solicitors and on-line at www.auctionhouse.uk.net/hullandeastyorkshire prior to the date of the auction.

Additional Fees

Additional Fees (Including VAT)

Administration Charge: £750

Buyer's premium £480

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion

Solicitors

Christopher Waddingham

Ison Harrison

Duke House,

54 Wellington Street,

Leeds,

LS1 2EE

*Guide Price

Guides 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. Each 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.

Online Bidding Information

If you are wanting to bid on this property, take a look at this video, which goes through the online bidding process:

www.youtube.com/watch?v=ImXr4HXR36c

Disclaimer: Dee Atkinson & Harrison for themselves and for the vendors or lessors of this property, whose Agents they are, give notice that these particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a Contract. No person in the employment of Dee Atkinson & Harrison has any authority to make any representation or warranty whatever in relation to this property.

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