Freehold Ground Rents
Ground Rents, Flats 37-53A Hawkley Court, Chapel Street, Billericay, Essex CM12 9LT
No guide 24 July 2025
GUIDE PRICE AUCTION DATE
Located in a residential area of Billericay, Hawkley Court is a purpose built three storey block comprising twelve two-bedroom flats. The property is ideally situated for commuters being very close to Billericay's mainline railway station offering direct services to London, the town centre with its array of shops, restaurants, cafés and further amenities. We understand the freeholder is responsible for the maintenance, management and insurance of the building recovering the costs from the leaseholders by way of a Service Charge all handled by a Managing Agent. Flat 37, 43 & 47 Tenure Remainder of 189-year leases from 25th March 1974 each currently let at a peppercorn ground rental. Flat 39 Tenure Remainder of 152-year lease from 25th March 1974 currently let at a ground rental of £200 per annum to 23rd June 2044, increasing to £400 per annum to 23rd June 2077, increasing to £500 per annum for the remainder of the term. Flat 45 Tenure Remainder of 189-year lease from 25th March 1974 currently let at a ground rental of £200 per annum to 23rd June 2026, increasing to £400 per annum to 23rd June 2069, increasing to £500 per annum for the remainder of the term. Flats 49 & 49A Tenure Remainder of 99-year leases from 25th March 1974 each currently let at ground rentals of £30 per annum. Flat 51 Tenure Remainder of 125-year lease from 29th September 2014 currently let at a ground rental of £250 per annum to 29th September 2039, increasing to £500 per annum to 28th September 2064, increasing to £1,000 per annum to 28th September 2089, increasing to £2,000 per annum for the remainder of the term. Flat 51A Remainder of 99-year lease from 25th March 1974 let at a ground rental of £30 per annum. Flat 53 & 53A Tenure Remainder of 157-year leases from 1st June 2006 each currently let at a peppercorn ground rental. Auctioneer's Note Section 5B Notices under the Landlord & Tenant Act 1987 (as amended) have been served and the leaseholders have not reserved their rights under the Legislation.
Hawkley Court, Chapel St, CM12 9LT
Guide Price
No guide
Auction Date
24 Jul 2025
Lot
Lot 14
Auctioneer
Clive Emson
Clive Emson
Rocky Hill London Road Maidstone Kent ME16 8PY
01245 205778
About Clive Emson

Clive Emson Auctioneers was founded in 1989 to supply a high profile auctioneering facility to corporate and independent estate agents, private clients and statutory bodies. The success of our auction house is due to, and remains, attributable to a firm commitment to quality and service distinguished by both our Investors in People and ISO accreditations. The concept of Clive Emson is to provide a specialist land and property auctioneering service and, therefore, does not compete with the traditional estate agency, mortgage broking, insurance or any other aspect of the property world. All properties upon which we are instructed are offered for sale in the auction catalogues that are compiled monthly.