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About this property

Addendum To Printed Catalogue

Please note that the correct address of the property being sold is Freehold Interest - Aindow Court with surrounding gardens and land 15 & 17 Trafalgar Road, Birkdale PR8 2TL and not as previously stated in any documentation or descriptions.


FREEHOLD INTEREST ONLY

A freehold ground rent investment secured upon a substantial detached 1970s building situated on this large prominent corner site currently arranged as 25 well-presented purpose-built self-contained retirement flats. Each flat benefit from use of the spacious ground floor communal residents lounge, residents laundry, onsite caretake and a lift.

Outside there are external communal gardens and some onsite residents parking facilities being located in this very sought-after location. The property was built in 1978 and is currently leased (by way of an assignment) on a single long lease to Jigsaw Homes (North) who purchased the long leasehold interest as a premium of £600,000 on 3rd May 2001 (Source H.M. Land Registry). The entire property and surrounding land is subject to a 999 year lease to Jigsaw Homes (North) which originally commenced on the 30th June 1874 producing a yearly ground rent of £150 per annum. The current leasehold tenant Jigsaw Homes (North) are part of the Jigsaw Group who are also a very large Housing Association Operator in the North West of England (please see their website)

VERY IMPORTANT NOTICE - EXTERNAL VIEWING ONLY - OCCUPANTS MUST NOT BE DISTURBED IN ANY WAY - FREEHOLD INTEREST ONLY BEING SOLD.

Listed By

Sutton Kersh - Auctions
2 Cotton Street,
Liverpool,
L3 7DY

t. 0151 207 6315
f. 0151 207 6316
auctions@suttonkersh.co.uk

Full Description

Situated

On the corner of Belgrave Road and Trafalgar Road which in turn is off A565 in a sought after location within close proximity to local amenities and transport links.

N.B

Completion will be 24 days from the date of exchange.

Photos
Map

Freehold Ground Rent Investment, Aindow Court, Southport

External Viewing Only

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* Guide Price

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* Reserve Price

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Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Buyer's Fee

A successful purchaser will also be required to pay a Buyer’s Administration Charge of 1.2% of the purchase price subject to a minimum fee of £1,800 including VAT (unless stated otherwise within the property description in the catalogue) by debit card or bank transfer.

Legal Packs

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