5 bedroom property for sale

Tenure: Leasehold

This lot is for sale by auction as lot 376 on 29th and 31st May 2012. Full and up to date details of this property, terms and conditions for the auction, and legal documentation for this lot are available at www.allsop.co.uk.



Five Leasehold Self-Contained Flats

• To be offered Collectively
On the instructions of J Gershinson FRICS and L Brooks MRICS of Allsop LLP acting as Joint Fixed Charge Receivers

Tenure

Leasehold. Each flat is held on a lease for a term of 125 years from 1st January 2006 (thus having approximately 119 years unexpired) each at a current ground rent of £175 per annum.

Location

The property is situated off the north side of Overstrand Road (B1159), close to its junction with Ellenhill, on the south-eastern side of Cromer. Local shops and facilities are available on the High Street, approximately 1 mile to the west. Road access is provided by the A140, A148 and A149 which provide links to Norwich, Fakenham and Great Yarmouth respectively. Rail services run from Roughton Road Station and Cromer Stations which are ¾ mile to the south-west and 1 mile to the north-west respectively. The open spaces of Royal Cromer Golf Club are within close proximity to the west.

Description

The property comprises five self-contained flats situated within a building arranged over ground and two upper floors beneath a pitched roof. The flats will be offered Collectively.

Accommodation and Tenancies

A Schedule of Accommodation and Tenancies is available to download please click

here
To View
The property will be open for viewing on Wednesday 23rd and Friday 25th May between 10.30 - 11.00 a.m. (Ref: MW)
Seller's Solicitor

Messrs Walker Morris (Ref: S Young)Tel: 0113 283 2500 Fax: 0113 245 9412

Vacant





Guide Price. Please note, that guide prices are intended to indicate an approximation of the minimum acceptable price to each client. These guide prices should not be interpreted as asking prices and are purely for guidance. Guide prices are subject to contract and subject to alteration. Prospective purchasers are strongly advised to contact Allsop in order to check the availability of each lot prior to the auction sale. Whilst every effort is made to ensure that a guide price is not misleading, it is possible that the reserve price set for any auction lot may exceed the previously quoted guide price. The most up-to-date guide prices are always featured on our on-line service at: www.auction.co.uk.