• Ground floor 1 bedroom apartment

• Allocated parking

• Close to town centre and Bracknell railway station

• Vacant (no chain)

• To be offered for sale via Knight Frank Auctions on 17th September (will not be sold prior)

Property Description

On the instructions of Joint Receivers.

Blu Bracknell was developed in 2019, so the apartment benefits from modern features throughout. It offers contemporary living just a short walk from Bracknell town centre.

Accommodation
Open plan living-room & kitchen, one bedroom, bathroom
External: Allocated parking and communal grounds

Tenure
Leasehold: 250 years from 01/05/2018 (thus approximately 242 years unexpired)
Ground Rent: Peppercorn
Service Charge: Refer to the legal pack

Open House Viewings:
* Wednesday 26th August: 12:00pm - 12:30pm
* Saturday 5th September: 12:00pm - 12:30pm
* Thursday 10th September: 12:00pm - 12:30pm
Please arrive at the start time.

This property is being marketed for sale on behalf of Joint LPA Receivers and therefore no warranties, representations or guarantees are given or will be given in respect of the information in this brochure or any matter relating to the property, including VAT. Any information provided is provided without liability for any reliance placed on it and the Receivers are acting without personal liability.

Location

Blu Bracknell occupies a prominent position on Wokingham Road, approximately 1 mile east of Bracknell town centre. The property benefits from excellent access to The Lexicon, Bracknell's premier retail and leisure destination, which provides an extensive range of shopping, restaurant and entertainment facilities. Blu Bracknell is a modern residential development situated within easy reach of local amenities and a short distance from Bracknell Railway Station, offering direct services to Reading and London Waterloo. Bracknell is widely recognised as one of the Thames Valley's principal commercial centres and is home to numerous international occupiers, including technology and corporate businesses, contributing to the town's strong economic profile. The property also benefits from excellent road communications, with convenient access to the A329(M), M4 (Junction 10) and M3 motorways, providing links to Reading, Heathrow Airport, Central London and the wider South East. The surrounding area offers an attractive mix of residential neighbourhoods, green open spaces and established business parks.

Occupancy

Vacant

Tenure

Leasehold

Auction Details: The sale of this property will take place on the stated date by way of Auction and is being sold as on an Unconditional basis. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to the Common Auction Conditions and Extra General Conditions. Auctioneer Fees and Deposit. The following deposits and non-refundable auctioneer fees apply: • 10% deposit of the purchase price, subject to a minimum of £5,000. The deposit contributes to the purchase price. • Buyer’s Fee- is £1950 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property. The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability. There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully and take professional advice before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions’ website. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack. Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Auction Conduct Guide.