For Sale By Auction | 2.30pm, 19 September 2024 | Lot 28

24 Garnet Avenue, Birmingham, West Midlands, B43 7RJ

Sold

  • Commercial Property

Call the team on 01273 201989 for more information

Auction Date

Thu 19/09/2024

Auction Time

2.30pm

Auction Venue

Live Stream

Freehold Ground Rent - Only 31 Years Remaining On The Lease

The property comprises detached 2 storey house with integral garage and private drive. Situation The property is situated on the North side of Garnet Avenue within the popular Park Farm estate in Great Barr. There is a local shopping parade along Beacon Road, 0.2 miles to the East, offering a range of local shops, restaurants and amenities. The property is within easy reach of sought after primary and secondary schools and motorway networks, while Hamstead Station is approximately 2 miles to the South. Location Pin (What3Words) slope.cages.cracks https://w3w.co/slope.cages.cracks Lease Details Lease Expires 25/03/2055 Term of 99 years from 25th March 1956 Ground Rent - £15pa fixed NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU READ THE SPECIAL CONDITIONS THOROUGHLY

Lot Type

Freehold Ground Rent Investment

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an Administration fee of 0.5% (inc VAT) of the sale price, subject to a minimum of £1,500 (£1,250 plus VAT)

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.