Foreclosed Shop-House with Complex Land Rights in Fukui
This property is a 50-year-old shop-house with residential space, built on land held under a surface right (地上権). The listing highlights a severe dispute over land rent payments between the landowner and the building owner. The landowner claims unpaid rent and is demanding the demolition of the building and the vacation of the land. The building itself is noted as aging, with its maintenance condition assessed as 'somewhat inferior'. A specific legal complication is that the third-floor portion of the structure is an unregistered extension, which may pose further legal issues. The presence of asbestos-containing materials is also noted as unknown in some parts.
As a foreclosure auction property, it carries standard associated risks: there is no cooperation from the seller, interior viewings are not possible, and there is no warranty against defects. The property's marketability is assessed as inferior due to its status as a building with a surface right. The building was completed in July of Showa 50 (1975). It is a two-story steel-framed structure (鉄骨造) with a flat roof (陸屋根), registered for use as a shop and residence (店舗・居宅). The total building area is 413.96 m², with a registered area of 350.00 m².
The property is located in Fukui Prefecture, Echizen City, Hoyama Town. The nearest station is Takefu Station, approximately a 13-minute walk (1024m) away.
