Development Site for sale in Canvey Island

AUCTION PROPERTY Located just off the High Street in Canvey Island, this one-bedroom first floor apartment is offered with vacant possession.

It is close to local amenities, such as shops, cafes, restaurants and schools, as well as having good transport links via bus routes and train services via the C2C, providing access to both London Fenchurch Street as well as Southend-on-Sea.

We have been advised by the seller that the property had been let for the past 12 years, with the most recent tenant paying 825 per calendar month (9,900 per annum).

Ground Floor
Communal entrance, stairway leading to first floor and lift access.

First Floor
Entrance, living room, kitchen, bedroom and bathroom.

Outside
Allocated parking space, number 7.

Tenure
Remainder of a 199-year lease from 1991 (164 years remaining), at a current ground rental of 100 per annum, rising to 150 per annum in 2061. Further information will be included in the legal pack, available to download from the Clive Emson website.

Auctioneer's Note
We have been advised that the freehold of the block has been sold recently and details of the new freeholder are currently unknown.

EPC Rating C

Council Tax Band B

Leasehold with Vacant Possession

Residential EPC: C

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 www.cliveemson.co.uk, or contact us on 01622 608400, 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 www.cliveemson.co.uk/buyers-fees/