Lot 35

TWO VACANT GARAGES FOR INVESTMENT OR STORAGE

Garages 2 & 3, 72 Shakespeare Drive, Westcliff-on-Sea, Essex, SS0 9AB
Garages 2 & 3, 72 Shakespeare Drive, Westcliff-on-Sea, Essex, SS0 9AB
Sold £24,000

Situated in the popular area of Westcliff-on-Sea, this pair of leasehold garages form part of a small battery of four garages to the rear of No.72 Shakespeare Drive, an established residential turning, just a short walk from local shops and public transport.

We understand from the seller that each garage was previously let at approximately £85.00 per calendar month. It is considered these would be suitable for future investment or for storage purposes, subject to any applicable conditions of the lease. Further details can be downloaded from the Clive Emson website.

Tenure

Both garages are held on a single lease. Remainder of 199 year lease from 1st January 1992 with a peppercorn ground rent.

Auctioneer's Note

At the time of publication the auctioneers have only inspected one of the garages internally. Interested applicants should rely on their own investigations.

Leasehold with Vacant Possession

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 cliveemson.co.uk/buyers-fees/