FGRs, 1, 12 & 14 Paget Drive, Burntwood, Staffordshire, WS7 1HP
- PROPERTY TYPE
Land
- SIZE
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Key features
- A Portfolio of Freehold Ground Rents secured upon Three Detached Bungalows.
Description
Property for auction on 21st May at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT
Property Description:
A Portfolio of freehold ground rents, secured on three detached bungalows of brick construction with pitched tile clad roofs, located in Paget Drive which leads via Railway lane off High Street and forms part of an established residential estate in the popular commuter town of Burntwood conveniently located approximately 4 miles to the east of both Cannock Town Centre, which includes the McArthur Glen Retail Mall, the M6 Toll Motorway and approximately 2 miles south of Cannock Chase.
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Lease Information
Each property is subject to a long lease for a term of 99 years. The lease for 1 Paget Drive commenced on 28th September 1979, expiring on 28th September 2078 (approximately 53 years unexpired) and leases 12 & 14 Paget Drive commenced on 28th August 1974, expiring on 28th August 2073 (approximately 48 years unexpired), each lessee paying a current Ground Rent of £42.50 per annum.
Total Current Ground Rent Income: £127.50 per annum.
Freehold Land Registry Title No.
SF183131 & SF183132
Legal Documents:
Available at
Viewings:
Not Applicable.
The Buyers Administration Fee for this Lot will be £650 including Vat
Brochures
General ConditionsViewing TimesImportant NoticesCommon Auction ConditionsBuyers Guide to AuctionLegal DocumentsFGRs, 1, 12 & 14 Paget Drive, Burntwood, Staffordshire, WS7 1HP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hednesford Station3.0 miles
- Cannock Station3.5 miles
- Landywood Station4.1 miles
Notes
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Cottons, Auctions on 0121 387 6518.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
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