Lot 7 - Freehold garage & ground rents on, 46 & 46a Dunlop Road, Tilbury, Essex, RM18 7AR

  • Unconditional Online Auction Sale
  • Guide Price* : £25,000 plus

Detached double garage with long driveway, and freehold ground rent investment over two flats

Description

A detached solid block constructed double garage beneath a pitched roof, benefitting from a long driveway. There may be potential for a variety of uses, subject to any necessary consents. Also included is the freehold interest secured on two flats within a detached building, producing £150 per annum rising. The freeholder insures and maintains.

46 Dunlop Road is held on a lease for a term of 125 years from February 1998, at a ground rent of £75 per annum rising.
46a Dunlop Road is held on a lease for a term of 125 years from February 1998, at a ground rent of £75 per annum rising.

Other Information

Local Authority – Thurrock Council

Tenure

Freehold - subject to leases granted, as detailed

Additional Information

A contract administration charge of £1,000 (inclusive of Vat) is payable on exchange of contracts. Please note this fee is not part of the deposit or purchase price.

Please refer to the Special Conditions of Sale & General Conditions of Sale for details of any additional fees, costs or disbursements (if applicable), which will form part of the contract.

*Guide price definition

Guide prices are provided as an indication of the seller’s current minimum acceptable price at auction. They are not necessarily figures that a property will sell for, and may change at any time prior to the auction. The guide price may not be the minimum sale price, which can be higher or lower.

Reserve price definition

The reserve price is the minimum acceptable price under the hammer, which remains confidential, and may change at any time prior to the auction. Unless otherwise stated, each property will be sold subject to a reserve. The reserve is expected to be set no more than 10% above a fixed figure guide price, or within a guide price range.

Loading the bidding panel...

Agreement Documents

Legal Documents

Log in to view legal documents

Additional Documents

Share