Flat
A spacious two bedroom apartment extending over 1020 sq ft with allocated parking, two bathrooms, direct water views over the harbour and SS Great Britain. Lift access and video entry with tenants in place.
We have been advised that the tenants have been in situ since November 2019 and are current paying rent of £1,470 pcm held on an AST. The contract is now on a rolling periodic basis. Interested parties are advised to inspect the legal pack for the AST details.
Service Charge is circa £2,500 per year (please check legal pack for clarification)
Ground Rent is £200 per year, (£100 every 6 months) (please check legal pack for clarification)
The Leading Edge is an attractive modern development located on Hotwell road, opposite the SS Great Britain. The nearby pedestrianised streets of Bristols Harbourside are lined by popular shops, cafes and restaurants. All of Bristols central attractions are within easy reach, such as the Hippodrome, Clifton Village and Ashton Court. Furthermore, there is the Bristol Ferry Waterbus with regular services to Wapping Wharf and Bristol Temple Meads, with regular services to Wapping Wharf and Bristol Temple Meads.
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
These sales details are awaiting vendor approval.
Leasehold. Subject to tenancy.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 inc. VAT
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
