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Lot 1 Click here for addendum

6 Week Completion

Situation

Located close to the junction with Beechmont Avenue in this retail parade serving the surrounding residential area, approximately ½ a mile from Virginia Water Rail Station.
Virginia Water is a sought-after Surrey commuter town which is home to the prestigious Wentworth Estate and Wentworth Club, enjoying easy access to the M3 (Junction 2) and M25 (Junction 12) and lying approx. 20 miles south-west of central London.

Property

Forming part of a retail parade comprising a 2 Bed Flat on the first floor, accessed at the rear via a communal balcony. In addition the property includes hatch access to a Loft, gas central heating (not tested) and a Garage.

ACCOMMODATION (measurements to maximum points)
First Floor Flat
Bedroom 1 14'2” × 10'0”
Bedroom 2 10'5” × 7'8”
Living Room 15'5” × 13'8”
Kitchen 14'1” × 7'1”
Bathroom/WC 8'1” × 5'0”

GIA Approx. 630 sq ft plus Loft and Garage

VAT is NOT applicable to this Lot

Tenure

Leasehold for a term of 125 years from 25th December 2008 (thus having approx. 114 years unexpired) at a current ground rent of £100 p.a. rising by £25 every 25 years.

Offered with vacant possession

*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.

6a The Parade, Trumpsgreen Road, Virginia Water, Surrey GU25 4EH