Lot 150 - This lot is for sale by auction as lot 150 on Thursday 28th March 2019.
A Leasehold Self-Contained Second Floor Flat subject to an Assured Shorthold Tenancy
Total Current Gross Rent Reserved £4,800 per annum (equivalent)
Tenure
Leasehold. The property is held on a lease for a term of 135 years from 1st January 2000 (thus having approximately 116 years unexpired) at a peppercorn ground rent.
Location
The property is located on the south-east side of Bridge Street in the centre of Walsall. Extensive shopping is provided in Walsall town centre whilst Walsall Rail Station is approximately 0.3 miles to the west. Walsall College is approximately 0.6 miles to the north.
Description
The property comprises a self-contained second floor flat situated within a block arranged over ground and three upper floors.
Accommodation
The property was not internally inspected by Allsop. The following information was provided by the Vendor. We are informed that the property provides:One Bedroom Accommodation
Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £400 per calendar month.
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 Lots may be sold or withdrawn prior to auction.
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