Garages at, Laurel Avenue, Gravesend, Kent, DA12 5QP - Online Auctions

FOR SALE BY ONLINE AUCTION Auction Guide £80,000+ Plus Fees TENURE Freehold VAT This property is not elected for VAT BIDDING Bidding will take place on our website 'auctions.sealeys.co.uk' on 16th October, Bidding opens at 12pm and will end at 1pm. In order for you to bid, you will be required to register your card for an 'auction entrance fee', this is made up of an 'administration fee' and a 'buyers security fee'. This will only be charged to the successful buyer. Please see the Buyers Guide and the Common Auction Conditions for more information. If you have any further questions please contact the agent, or seek legal advice. The required 'auction entrance fee' for this LOT is - £5,000 LOCATION DESCRIPTION Laurel Avenue is just off Whitehill Road in Gravesend in an established residential area. It links with Hillside Avenue down to Valley Drive. The town centre is just over 1 mile away and the A2 is 1.7 miles away. PROPERTY DESCRIPTION A block of 8 garages for sale currently all tenanted at £60pcm per garage (£5,760 per annum). There is a possibility one or two of the garages may become vacant prior to completion. The sale includes the freehold for the access to the site. There are 2 titles included in the sale. Please check the legal pack for more information. GUIDE PRICE* Where a guide price (or range of prices) is published, that guide is the sellers minimum expectation at the date of publication. 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 register your interest or keep an eye on our website for any amendments to this. FEES** In addition to the bid price, you may be responsible for administration fees, other non-optional fees, and potentially the repayment of search and other costs. All lots are subject to the Common Auction Conditions and applicable Special Conditions of Sale. Before bidding, carefully review all available legal documentation to understand your potential liabilities. This includes potential costs such as Stamp Duty, Land Registry fees, and VAT, which may be applicable upon completion. If you have any doubts, please consult with your own professional advisors. ADMINISTRATION FEE SCHEDULE*** The successful buyer is subject to an administration fee at the same time as the bidder security fee (auction entrance fee) for each LOT purchased. The administration fee is applied to the sale price in the following scaled increments and includes VAT; Up to £99,999 =£1,080 £100,000 - £249,999 =£2,160 £250,000 - £499,999 =£3,600 £500,000 Plus =£5,400 Please see the 'General Conditions Of Sale' for detailed explanation of the terms. Vendors Solicitor