High Street, Cosham, Portsmouth, Hampshire, PO6 3AG - Online Auctions

Leasehold second floor flat within a purpose built block of apartments. The property comprises of a living room, kitchen, 2 bedrooms and a bathroom. The flat is located above commercial premises. Situation The property is located above retail premises in Cosham High Street close to Cosham train station and local amenities. Accommodation Hallway - 5.56 x 1.96 Living Room - 4.24 x 3.78 Kitchen - 3.43 x 1.44 Bedroom 1 - 4.32 x 2.61 Bedroom 2 - 3.26 x 1.09 Bathroom - 2.39 x 1.61 Total Floor Area - 50.89 sq.m. NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO BUYERS PREMIUM OF £1,200 (INC VAT) AND OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU READ THE SPECIAL CONDITIONS THOROUGHLY Tenure Leasehold - 125 year lease (less 10 days), from 01/06/2004 (approximately 104 years remaining). Ground rent - £125/£250/£375/£500/£625 every 25 years Tenancies We have been informed by the Asset Manager the property is let on an Assured Shorthold Agreement, from 23rd October 2023 for 12 months, expired 22nd October 2024 - tenant is holding over. Current rent of £900pcm (£10,800pa). A copy of the AST agreement has been uploaded to the legal pack. Council Tax - Band B EPC Rating- D Purchasers will be required to pay an Administration fee of 0.1% (inc VAT) of the sale price, subject to a minimum of £1,750 (inc VAT)