This property is a freehold parcel of land that produces £1,000 per annum in ground rent, with a 999-year lease starting from 2021. The property will be sold at auction, with bidding commencing on February 24th at 1pm and ending 24 hours later on February 25th at 1pm. To participate in the auction, interested parties must register on the Auction House website. The buyer will be required to pay an administration fee of £1,200 (inc VAT) upon exchange of contracts, as well as any disbursements listed in the legal pack that may become payable upon completion.