Land
Auction
Land
Key information
Tenure: Freehold
Council tax: Ask agent
Features and description
- Tenure: Freehold
- For Sale by Online Auction
- Auction Date : 06 February 2025
- Lot Number : 3
- Land And Freehold Ground Rent Investment
- Ground Rents
- Freehold
- Current Rental : £400 per annum
- *Guide Price : £5,000 - £8,000 Fees
A purpose-built modern block of four flats and associated parking. Each flat has been sold on a long leasehold interest of 250 years from 1st January 2006. The current ground rent payable is £100 per annum per flat. The leases provide for the freeholder to arrange for maintenance, management and insurance of the building, recovering the costs from the leaseholders by way of a service charge.
The freehold ground rents and land are situated on the right hand side of Sir Charles Irving Close, just after the entrance to St James’ Primary School. The land is bordered by Hatherley Brook along its northern edge.
Auctioneer’s Note 1
Section 5B Notices under the Landlord and Tenant Act 1987 (as amended) have been served and the leaseholders have not reserved their rights under the legislation.
Auctioneer’s Note 2
The seller was notified that part of the embankment began to show signs of landslip and requires repair and maintenance. The buyer is deemed to be purchasing the land with full knowledge of this (for which the seller accepts no liability) and must rely on their own inspection and enquiries in this regard. Further information will be included within the legal documentation which will be available to download from the Clive Emson website
Site Measurements
0.24 hectares (0.6 acres).
Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.
Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on[use Contact Agent Button], in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to
The freehold ground rents and land are situated on the right hand side of Sir Charles Irving Close, just after the entrance to St James’ Primary School. The land is bordered by Hatherley Brook along its northern edge.
Auctioneer’s Note 1
Section 5B Notices under the Landlord and Tenant Act 1987 (as amended) have been served and the leaseholders have not reserved their rights under the legislation.
Auctioneer’s Note 2
The seller was notified that part of the embankment began to show signs of landslip and requires repair and maintenance. The buyer is deemed to be purchasing the land with full knowledge of this (for which the seller accepts no liability) and must rely on their own inspection and enquiries in this regard. Further information will be included within the legal documentation which will be available to download from the Clive Emson website
Site Measurements
0.24 hectares (0.6 acres).
Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.
Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on[use Contact Agent Button], in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to
About this agent
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Clive Emson Land & Property Auctioneers - Maidstone
Rocky Hill, London Road
Maidstone, Kent
ME16 8PY
01622 279788Clive Emson Auctioneers was founded in 1989 to supply a high profile auctioneering facility to corporate and independent estate agents, private clients and
statutory bodies. Our success is due to, and remains, attributable to a firm commitment to quality and service distinguished by both our Investors in People
and ISO accreditations. The concept of the Company is to provide a specialist land and property auctioneering service and, therefore, does not compete with
the traditional estate agency, mortgage broking, insurance or any other aspect of the property world. All properties upon which we are instruct... Show more
statutory bodies. Our success is due to, and remains, attributable to a firm commitment to quality and service distinguished by both our Investors in People
and ISO accreditations. The concept of the Company is to provide a specialist land and property auctioneering service and, therefore, does not compete with
the traditional estate agency, mortgage broking, insurance or any other aspect of the property world. All properties upon which we are instruct... Show more