Description
A viewing of this seafront first floor apartment is thoroughly recommended. Situated within a most convenient distance of the town centre, the beach and the Bognor Regis pier.
The property has a security entry phone system with lift and stairs to all floors. The accommodation briefly comprises entrance hallway with storage cupboard, sitting/dining room with feature bay window offering glorious sea views, modern refitted contemporary kitchen, two generous double bedrooms with built-in wardrobes and bathroom with modern white suite.
Outside, there is an allocated parking space, which is accessed via an electric roller door.
Early vacant possession may be possible as there is no forward chain.
Tenure: We understand there is the balance of 125 year lease from 1989 (91 years remaining).
Maintenance Charge: We understand the maintenance charge payable is approximately £3,970 p.a.
Ground Rent: We understand the ground rent is approximately £104 p.a.
NB: Henry Adams are working in conjunction with Pattinson Auction and the method of sale is Modern Method of Auction. For more information please contact our office on 01243 842123.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A nonrefundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Situation Seafront apartment block situated in the bustling seaside town of Bognor Regis, with its precinct shopping facilities, range of cafés, bars and restaurants and a mainline railway station with services to London Victoria and the South Coast.
A purpose built seafront apartment with parking and offered with no forward chain.
10/10/23
