Location The property has frontage and access direct off Quay Street, Halesworth (the Halesworth to Southwold Road), approximately 270m from the Norwich Road roundabout and 400m from Halesworth town centre.
Description An investment opportunity to acquire the freehold interest of a block of six flats. Description
The property is divided into six apartments arranged over three floors with common areas and eight car parking spaces off Quay Street, Halesworth. The six apartments are all held on leases which run for 125 years from 1st January 2010 and they are all sublet by the leaseholders. Income
The annual rent for each flat is £50 per annum for the first 25 years from January 2010. £75 for the next 25 years. £100 for the next 25 years. £200 for the next 25 years and £300 for the remainder of the term. Plus an annual service charge as determined. Method of sale
By private treaty.
In accordance with the Landlord and Tenant Act 1987 (as amended by the Housing Act 1996) the leaseholders have been formally given the opportunity to purchase the freehold at the guide price but have not made an offer.
If an offer which is lower than the asking price is acceptable to the freehold owner then we must reoffer the property to the leaseholders at the revised figure giving them the opportunity to purchase at that revised figure.
All mains services are connected.
Should any sale of the property or any rights attached to it become a chargeable supply for the purpose of VAT such tax shall be payable by the purchaser if levied by Customs & Excise in addition to any monies to be paid during the course of the sale.
Satellite Navigation Postcode: IP19 8ET. Local authority
Waveney District Council: Marina Centre, Lowestoft, Suffolk, NR32 1HH. Tel: Important notice Durrants and their clients give notice that:- No investigations have been made in respect of any matter concerning pollution of the land, air and water and the buyers are responsible for making their own enquiries in this respect.
The measurements, distances and areas are given as approximate. These particulars and photographs are provided for guidance only and are not necessarily comprehensive.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. No warranties in relation to the property are given either by the agent or on behalf of their client or otherwise.
The boundaries are based on the Ordnance Survey and are for reference only. The purchaser will be deemed to have full knowledge of the boundaries and any error or mistake shall not annul the sale or entitle any party to compensation in respect thereof.
Viewing is strictly by prior arrangement with the vendors agents Durrants, please call .
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