Barry, South Glamorgan, CF62 6RB - Online Auctions

A FREEHOLD GROUND RENT INVESTMENT SECURED UPON AN ATTRACTIVE BAY-FRONTED PERIOD PROPERTY FOR SALE VIA NATIONAL ONLINE AUCTION ON MONDAY 09TH JANUARY AT 1PM WITH AUCTION HOUSE. PLEASE REGISTER TO BID VIA OUR WEBSITE - AUCTIONHOUSE.CO.UK/SOUTHYORSHIRE. FOR SALE VIA NATIONAL ONLINE AUCTION ON MONDAY 09TH JANUARY AT 1PM 17 OLD VILLAGE ROAD, BARRY - A FREEHOLD GROUND RENT INTEREST THAT SECURED UPON AN ATTRACTIVE TWO-STOREY BAY-FRONTED PERIOD HOUSE, WHICH BENEFITS FROM FRONT AND REAR GARDENS. THE FREEHOLD GROUND RENT INTEREST IS BEING SOLD SUBJECT TO THE TERMS AND REMAINDER OF A 999-YEAR GROUND LEASE, WHICH STARTED ON THE 02ND FEBRUARY 1906. THE PROPERTY PRODUCES A YEARLY GROUND RENT OF £3PA (EVERY YEAR) PAYABLE TO THE FREEHOLDER (THE BUYER OF THIS LOT) AND THE LEASEHOLDER TENANT IS FULLY RESPONSIBLE FOR ALL REPAIRS, AND DECORATIONS AND FOR PLACING AND PAYING FOR BUILDINGS INSURANCE THROUGHOUT THE REST OF THE LEASE TERM. EXTERNAL VIEWINGS ONLY, NO INTERNAL VIEWINGS ALLOWED. IMPORTANT NOTICE - BUYERS ARE KINDLY REMINDED THAT IF THEIR OFFER IS ACCEPTED THEY WILL BE UNDER A LEGALLY BINDING COMMITTED CONTRACT TO PURCHASE THE LOT. ONCE YOUR BID HAS BEEN ACCEPTED AT THE END OF THE AUCTION, THERE IS NO OPTION TO TRY AND WITHDRAW FROM THE AUCTION PURCHASE OF THIS LOT.