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For Sale By Auction | 12:00, 23 February 2016 | Lot 74

Flat 1, 1a Wellington Square, Hastings, East Sussex, TN34 1PB

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*Guide | £60,000+ (plus fees)

  • Studio
  • Tenure: Leasehold. The property will be held on a new 99 year lease upon completion.

Call the team on 020 7625 9007 for more information

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Auction Date

Tue 23/02/2016

Auction Time

12:00

Auction Venue

The Ballroom, Landmark Hotel, 222 Marylebone Road, Marylebone, London, NW1 6JQ

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A Ground Floor Self-Contained Studio Flat Subject to an Assured Tenancy Producing £3,959.80 per annum

The property comprises a ground floor studio flat within a period conversion arranged over ground and four upper floors.

Tenure

Leasehold. The property will be held on a new 99 year lease upon completion.

Location

The property is situated in the sought after area of Hastings in close proximity of Priory Meadow Shopping Centre and Hastings Pier. The open spaces of both Cornwallis Gardens and Linton Gardens are within easy reach. Transport links are provided by Hastings rail station.

Accommodation

Ground Floor Studio Room with Kitchenette Shower Room with wash basin Separate WC

Tenancy

The property is subject to an Assured Shorthold Tenancy for a term of 6 months commencing 29th July 2014 at a rent of £76.15 per week (holding over).

Current Rent Reserved £3,959.80 per annum

Viewing Details

Saturday 6 February 11:00-11:30 Wednesday 10 February 11:00-11:30 Saturday 13 February 11:00-11:30 Wednesday 17 February 11:00-11:30 Saturday 20 February 11:00-11:30

Leasehold

False

Freehold

False

Part Vacant

False

Vacant

False

Let

False

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

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

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Price Information

*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.

Additional Fees Information

Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.