An attractive detached bay fronted property arranged over two floors as four self-contained flats each paying an annual ground rental of £25. The property is situated on the north side of Victoria Drive with Bognor Regis mainline railway station and shopping amenities close by.
Flat 1 is sold on a 99 year lease, from the 31st August 1993; Flat 2 is sold on a 99 year lease, from 10th March 1983; Flat 3 is sold on a 99 year lease, from 24th April 1981, and Flat 4 is sold on a 131 year lease from 19th June 1981.
We understand the Freeholder is responsible for the insurance, maintenance and management of the block recovering the costs from the leaseholders by way of a service charge.
Auctioneer's Note Section 5(b) Notices under the Landlord & Tenant Act 1987 (as amended) have been served and the Leaseholders have not reserved their rights under the legislation. Important: All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.
Price Information *Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at , or contact us on , in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to
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Ground Rents, 103 Victoria Drive, Bognor Regis, West Sussex PO21
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.