Block of flats for sale

Location
The property is located in Jaywick, a coastal village in the Tendring district of Essex, 2 miles West of Clacton-on-Sea. The building is sitituatd on the corner of Jaywick Lane and Marlowe Road. Amenities for the location are good, with various shops located nearby, whilst Millers Barn Golf Park, Hasty’s Adventure Farm, Clacton-on-Sea Golf Club and Jaywick Sands Beach are all located nearby.

Description
The flats comprise of 3x3 and 2x2 bedroom apartments, with access via the rear of the property.

Price Offers in the region of £595,000 (five hundred and ninety five thousand pounds) for the long leasehold interest. This represents a low capital value of £161.77 psf, which is less than replacement cost.

The purchaser may qualify for multi-unit relief on stamp duty. They should rely on their own enquiries in this regard.

VAT The premises are not elected for VAT
EPC Rating tbc
Tenure A new 999 year long leasehold at a peppercorn ground rent.
Anti money laundering procedures In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 the Purchaser will be required to comply with our Anti Money Laundering policy. Further details on request.

Tenancy schedule
Please note that all the information in the below tenancy schedule has been provided by the landlord and all interested parties are advised to check the validity of it.