Freehold Interest of 13,15,17 & 19 St Brannocks Close with their associated garages & Freehold Interest of 1 Garage at St Brannocks Close, Barry, Vale of Glamorgan. CF62 7NH.
Offered for sale is an investment freehold interest opportunity, comprising of 4 x flats and garages at St Brannocks Close. Along with the freehold interests above, is a Freehold single garage which we are advised is subject to a lease for a term of 99 years from 1st January 1964, with a ground rent payable of £1.50 per annum.
13 St Brannocks Close, Barry, CF62 7NH and Garage 8 - Lease dated the 16th February 2018 - 189 years from 01.01.1964 – Peppercorn rent
15 St Brannocks Close, Barry, CF62 7NH and Garage 9 - Lease dated the 26th May 2021 - 189 years from 01.01.1964 – Peppercorn rent
17 St Brannocks Close, Barry, CF62 7NH and Garage 2 - Leases dated the 14th April 1966 and 8th June 1966 each for 99 years from 01.01.1964 – Ground rent of £15.50 and £1.50 per annum respectively.
19 St Brannocks Close, Barry, CF62 7NH and Garage 5 - Lease dated the 23rd February 2018 - 189 years from 01.01.1964 – Peppercorn rent
Garage 4, St Brannocks Close - Lease dated 21st June 1971 - 99 years from 01.01.1964 - Ground rent of £1.50 per annum.
You will note what is in are opinion, a valuable reversionary value of No.17.
Please refer to the attached plan for further indication of freehold interests and additional garage.
Further information Please refer to the legal pack or contact Auction House Wales on 02920 475184
Tenure: Freehold
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Call the team on 01633 212 555 for more information
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