Lot 58: FOUR PARKING SPACES SITUATED IN GARAGE BLOCK

Sold £12,000

An interesting lot comprising four parking spaces in an established residential area close to local shops and Westgate-on-Sea mainline railway station.

The spaces are considered suitable for occupation or investment or individuals may wish to consider future development potential including the construction of garages, subject to all necessary consents being obtainable.

Local Planning Authority

Thanet District Council. Tel: 01843 577000. Website: thanet.gov.uk.

Tenancy

Two spaces are let on individual Licence Agreements, at £40 and £50 respectively per calendar month.

Tenure

Each with the remainder of a 99 year lease, from 25th March 1972, at a current ground rental of £20 per annum.

Auctioneer’s Note

The freeholder has advised the Seller that they would be willing to extend the lease, subject to conditions.

Further details will be included in the legal pack which will be available to download from the Clive Emson website or inspection at the Auctioneer’s Office.

Viewing

Interested applicants may view directly on site at any reasonable time.

Leasehold with Part Vacant Possession