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Online Auction 15th to 16th April 2025
Portfolio of Ground Rents Producing £962.75 pa
Portfolio of ground rent investments spread across six properties in the Southport area, currently producing £962.75 pa.
The properties are blocks of flats, namely
36a, b & c Kensington Road, PR9 0RT &
13 Hall Street, Southport, PR9 0SF.
Flat 1, 35 Seabank Road, Southport, PR9 0EJ
Flat 2, 35 Seabank Road, Southport, PR9 0EJ
Flat 3, 35 Seabank Road, Southport , PR9 0EJ
Flats 1 & 2, 90 Tulketh Street, Southport, PR8 1BX
Flats 1 & 2, 92 Tulketh Street, Southport, PR8 1BX
Flats 1 7, 36 Avondale Road, Southport. PR9 0ND
Flats 1 8, 19 Knowsley Road, Southport. PR9 0HN
Flats 1 6, 2 Queens Road, Southport, PR9 9HN
Please refer to the legal pack for the individual rents and terms of the leases.
Tenure see legal pack
Local Authority Sefton
Finance is available on this lot. For a decision in principle visit togethermoney.com amydip
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.
Tenure See Legal Pack
Administration Fee 2.5% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.
Buyer s Premium Fee £900 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.
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