Lot 33 Potential Development Site With Residential Consent Including Garage And Ground RentsAuction Date:
14th December 2022
Rose Corner, Junction Place, Haslemere, GU27 1LE
Currently let at £250 per annum
A two storey property arranged as two self-contained flats plus a garage which forms part of a potential development site with Planning consent for a one-bedroom dwelling.
The income from the ground rent produces £250 per annum with Flat 1 (ground floor) sold on a 149-year lease, from 19th August 1975, paying an annual peppercorn ground rent, and a Balcony Flat (first floor) sold on a 99-year lease, from 24th June 2009, at a ground rental of £250 per annum doubling every 33 years.
We understand that the leases provide for the freeholder to insure (manage and maintain the building, recovering the costs from the leaseholders).
Auctioneer’s Note 1
Section 5B Notices under the Landlord & Tenant Act 1987 (as amended) have been served and the leaseholders have not reserved their rights under the legislation.
Auctioneer’s Note 2
The area coloured blue on the location plan below relates to the garage with the red line denoting the land and building within the other Freehold Title.
Planning
Planning permission has been granted by Waverley Borough Council under ref: WA/2022/01714 dated 10th November 2022 for the erection of a new dwelling following demolition of existing garage.
A copy of the Planning Consent and accompanying documents may be downloaded from the Local Planning Authority website, www.waverley.gov.uk. Tel: 01483 523333.
A parcel of land would need to be acquired from the Upper Floor Flat to provide the approved parking facility.
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
