Flat 20, Stanford House, Princess Margaret Road, TILBURY, Essex, RM18 8YP

Leasehold First Floor Flat
Investment Let on an AST,
Rent Reserved £7,920 per annum.

Location:
The property forms part of this mixed use purpose built block located off Princess Margaret Road. Public transport links serving the area include East Tilbury mainline rail station with a good selection of local bus services linking the area. There is a god range of local shopping facilities in the vicinity with more comprehensive services together with recreational pursuits at Stanford-le-Hope and Grayes.

Accommodation:
One Bedroom, Reception Room with open plan kitchen, Bathroom/wc.

EPC Rating: E

Council Tax Band: A

Tenancy:
The property is let on an assured shorthold tenancy at a current rent of £660 per calendar month. For full tenancy details please contact the auctioneers or view the legal pack.

Rent Reserved
£7,920 per annum.

Tenure:
Held on a lease for a term of 99 years from 25/12/1982 (thus having approximately 57 years unexpired). For full lease details please contact the auctioneers or view the legal pack.






Important Notice:
For each Lot, a contract documentation fee of £1,250 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
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Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.