Parking/garage for sale in Garage 1 Rutland Court, New Church Road, Hove BN3
* Calls to this number will be recorded for quality, compliance and training purposes.
Property description
For sale by auction on Thursday, 13 Jun 2024 at 2.30pm
Venue: Live Stream
Leasehold Garage Producing £1,700 Per Annum
A single leasehold garage, within a block of garages to the rear of Rutland Court.
Access to the garage is via Rutland Gardens.
The Auctioneers have not been able to inspect the garage internally.
Situation
Rutland Court is located within a residential area, just north of New Church Road, with Hove Seafront just minutes away. Hove mainline railway station is less than a mile away (London Victoria 100 mins).
Location Pin (What3Words): Clever.member.loser
Measurements
Minimum Width - tbc
Length - tbc
Height - tbc
Interested parties must rely on their own measurements.
Nb we draw your attention to the special conditions in the legal pack, referring to other charges in addition to the purchase price. Please ensure you read the special conditions thoroughly
Current Rent
We have been informed the garage is let on a licence agreement - from the 12th September 2011 at a rent of £425 per quarter. A copy of the licence agreement has been uploaded to the legal pack.
Tenure
Leasehold - 99 year term from 29th September 1980 - (approximately 55 years remaining).
Ground Rent - £5 pa fixed
Lot Type
Garage
Additional Fees
Administration Charge - Purchasers will be required to pay an Administration fee of 0.5% (inc VAT) of the sale price, subject to a minimum of £1,500 (£1,250 plus VAT)
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
For more information about this property, please contact
Auction House Sussex, BN1 on +44 1273 283666 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Auction House Sussex, and do not constitute property particulars. Please contact Auction House Sussex for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.