**Freehold Interest** of 26/26A Khartoum Road

Ref: Lot 24

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Town & Country Property Auctions London
Town & Country Property Auctions London

Unconditional Lot


UNCONDITIONAL LOT Exchange and administration fee information: (plus fees) Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details). In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.

Description

Town & Country Property Auctions are pleased to offer the Freehold interest of 26/26a Khartoum Road. Please note the freehold title is for sale and not the flats themselves.
The ground floor lease has circa 58 years remaining and the first floor has circa 82 years remaining.

The lessees have NOT elected to take up their rights of pre-emption under the terms of the Landlord and Tenant Act 1987. Please see the legal pack for more information.

Lease of Flat 26A Khartoum Road, London SW17 0HZ.
Date of Lease: 31 May 2007
Term: 99 Years from 31 May 2007.
Ground Rent: £100 p/a.

Lease of Flat 26 Khartoum Road, London SW17 0HZ.
Date of Lease: 28 October 1983.
Term: 99 Years from 1 January 1983.
Rent £25 p/a rising to £75

Building Insurance: Landlord Insures the Building and claims from Lessees.
There are no service charges, as Lessees manage day to day maintenance of the building.

Tenure

Freehold

For sale by online auction on 27th June 2024
Bidding opens at 10:00am and closes from 12:00 noon
Freehold for Sale
Ground Floor has circa 58 years remaining
First Floor has circa 82 years remaining
Secured upon a Mid Terrace Building
Internally arranged to provide Two self contained Flats
The lessees have NOT elected to take up their rights of pre-emption

Buyers Premium

Plus Fees


* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.

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