Verum House, New Street, Basingstoke, RG21 7BT

Summary

The Freehold of the subject property is available (HP329062) which is subject to the 24 flats which have been sold off on a 125 year long-leasehold basis. These flats are located over Ground, First and Second Floor level. The current total ground rent income for the 24 flats approximately £8,550 per annum. In addition to this, there may be the potential (Subject to the required Planning Permission being gained) of extending and adding a further floor to rear of the building.

We understand there are 16x 1 bed flats, 7x 2 bed flats and 1x studio flat.

Each flat pays an amount towards a Service Charge and the Building Insurance. Each flat is responsible for their Council Tax payments.

Key Points

Viewings

Viewings must be arranged in advance with Curchod & Co.

Anti Money Laundering

To comply with Anti Money Laundering regulations, Curchod & Co undertake ID checks for all successful purchasers and tenants where legislation requires us to do so.

Legal Costs

Each party are to be responsible for the payment of their own legal and professional costs incurred in the sale.

Flat Sizes

The size of the flats range from 484 sq ft to 861 sq ft. Please note, these are approximate sizes. A Floor Plan is included within this listing.

Location