Lot 41 Freehold Block Of Ten GaragesAuction Date:
1st May 2024
Garages Rear Of Claudeen Court, Candy Lane, Southampton, SO18 5TG
Currently let at £4,800 per annum
Situated in the popular residential district of Bitterne, this freehold block of garages is located at the bottom of Candy Lane. Four of the garages, which are coloured blue on the plan, are sold under the terms of 999-year leases from various dates in 1963, with the remaining six let on Licence Agreements for a combined total of £400 per calendar month. Copies of the Licence Agreements will be included in the legal pack which will be available to download from the Clive Emson website.
Tenancy
Garages 10, 13, 14 & 15 are all sold under the terms of 999-year leases from 1963. Further details of the leases will be available to download from the Clive Emson website.
Freehold with Part Vacant Possession
There is an addendum available to be read
in conjunction with the legal documentation.
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 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 cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
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 Buyers Fees
