Property for sale in Bristol BS3, 0 Bedroom

Lot 168 - This lot is for sale by auction as lot 168 on Thursday 14th February 2019.

A Freehold Ground Rent Investment secured upon a Terrace Building internally arranged to provide Five Self-Contained Flats

Total Current Rent Reserved £1,250 per annum

Tenure
Freehold.

Location
The property is situated on the north side of North Street, to the east of its junction with Exmoor Street. The extensive shops and facilities of Bedminster are readily available to the east. Rail services run from Bedminster Station to the east. The A38 is to the south-east. The open spaces of Victoria Park are to the east.

Description
The property comprises a ground rent investment secured upon a terrace building arranged over ground and three upper floors beneath a pitched roof. The building is internally arranged to provide five self-contained flats.

Tenancy
Each flat is subject to a lease for a term of 125 years from March 2015 (thus having approximately 121 years unexpired) at a current ground rent of £250 per annum.

Rights of Pre-emption
The lessees have not elected to take up their rights of pre-emption under the terms of the Landlord and Tenant Act 1987.

Management and Insurance
The Freeholder has the right to manage and insure.

Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'tba', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at: Please check regularly for updates. Lots may be sold or withdrawn prior to auction.