Seven newly built brick bungalows situated on a holiday park in Leysdown-on-Sea which can be occupied for ten months of any calendar year.
All the units are well presented and will include all the kitchen appliances, with six of the properties having a parking space. Each bungalow is fully insulated, has under floor heating and gas heating.
Remainder of 99-year leases from 3rd April 2021 at a current ground rental of £3,026 inclusive of VAT per annum. We understand there is a service charge of £1,719 inclusive of VAT per annum.
Auctioneers Note 1
We have been advised by the Seller that there are no written Tenancy Agreements in place.
We also understand Unit 152 has been let as an Airbnb since May 2023. The income from 26th May-28th November 2023 is £6,965.
Auctioneers Note 2
Copies of the site plan and leases will be available to download from the Clive Emson website.