Ground Rents, 1-6 St. Peter's, 69 Bexley Road, Erith, Kent
£20,000

Guide price

A detached core built block on three floors standing on a corner plot and providing six self-contained flats.

Flat 5

Tenure

Sold on a 99-year ground lease, from 29th September 1967, at a ground rent of £50 per annum.

Flats 1, 2 & 6

Tenure

Each sold on a 189-year ground lease, from 29th September 1967, at a ground rent of £25 per annum.

Flat 3

Tenure

Sold on a 99-year ground lease, from 25th March 2015, at a ground rent of £100 per annum.

Flat 4

Tenure

Sold on a 150-year ground lease from 30th January 2004 at a ground rent of £100 per annum.

Auctioneer's Note

Section 5B Notices under the Landlord & Tenant Act 1987 (as amended) have been served and the leaseholders have not reserved their rights under the legislation.

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.

Please note, following the Governments advice, lots are now being offered via our online platform. To register for our online auction please go to our online auction page https://www.cliveemson.co.uk/online/. For further information please go to cliveemson.co.uk or call us on 01622 608400.

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 www.cliveemson.co.uk, or contact us on 01622 608400, 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 www.cliveemson.co.uk/buyers-fees/

01273 253211

Clive Emson - Sussex & Surrey

83 Bates Road, Brighton, East Sussex

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