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Lot 9 Click here for addendum

Freehold Block of 10 Flats
In the same ownership for almost 20 years
6 Week Completion

Situation

Located almost at the junction with Kings Parade which faces the attractive Marine Park Gardens in this highly desirable residential location on the border with Aldwick, only a minutes' walk from the Sea Front and just over half a mile from Bognor Pier and the Town's main shopping area.
Bognor Regis is one of the UK's most popular seaside resorts accessed via the Main A259 and A27 some 6 miles south of Chichester and 8 miles west of Littlehampton.

Property

An attractive detached purpose-built block of 10 Self-Contained Flats constructed in 1989 and planned on ground, first, second and third floors, 6 with balconies and all with gas central heating.
There is a drive-in access below an archway leading to a rear parking area for 6 cars.
The block has full uPVC double glazing, an entry-phone system and a 6 person passenger lift serving all floors.

VAT is NOT applicable to this Lot

FREEHOLD

Note: 1: The consent dated 10th September 1990 from Arun District Council provides that 7 of the 10 flats are limited to occupation by the elderly.

Note 2: It may be possible to build additional flats on the roof, subject to obtaining the necessary consents.

Enquire about this lot:

JOINT AUCTIONEER:
Athawes, Son & Co
Tel: 020 8992 0056 Ref: Mark Stevens
mark@athawes.co.uk

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

Flats 1–10 Milton Lodge, Wessex Avenue, Bognor Regis, West Sussex PO21 2QW