This property is a freehold parcel of land with a 999-year lease from 2020, generating £1,000 per annum in ground rent. The auction is scheduled to commence on February 24th at 1pm and end 24 hours later on February 25th at 1pm. Potential buyers must register to bid on the Auction House website. The property offers an asset management opportunity, and the administration fee is £1,200 including VAT, payable upon exchange of contracts. Disbursements may also be payable by the buyer upon completion, as outlined in the legal pack.