Parking/garage for sale in Garages A, B, D & G Marlborough Court, 48 The Drive, 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
4 x Freehold Garages Situated In Central Hove
A rare opportunity to acquire 4 x freehold garages in central Hove. The garages are situated to the rear of Marlborough Court.
Situation
Marlborough Court is situated in central Hove just North of Church Road in The Avenue Conservation Area. Hove mainline railway station is a 5-minute walk to the North (London Victoria 67 minutes).
Location Pin (What3Words): Helps.nearly.cult
Measurements
garage B - Minimum Width - 1.95m / Length - 5.28m / Height - 1.83m
garage G - Minimum Width - 2m / Length - 5.35m/ Height - 1.91m
*The Auctioneers have not been able to inspect garages A & D internally. 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 all the garages are let on licence agreements, copies of the licence agreements have been uploaded to the legal pack.
Garage A - From 16th April 2013 - £330 per quarter
Garage B - From 15th September 2014 - £290 per quarter
Garage D - From 1st June 2015 - £450 per quarter
Garage G - From 5th June 2020 - £300 per quarter (£100 pcm)
Tenure
Freehold-all 4 garages are held on one title.
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.