Property Summary

Modern 4 block development comprising 16 flats in total, 4 flats in each block with garages at ground floor level, all subject to a Head Lease to Tenard Flat Management Ltd. The lessee manage and insure.

Ground Rent £1760/£2640/£3520/£4400/£5280 rising every 25 years. The current rent is £2,640pa.

Head Lease Term 125 years from 25/12/1994. Head Lease title No. SY657186. Approx 97 years remaining.

lot type

Ground Rents

private treaty - sale status

Offers invited

type

Freehold Ground Rent Investment for Sale, subject to a Head Lease currently producing £2,640pa

description

Modern 4 block development comprising 16 flats in total, 4 flats in each block with garages at ground floor level, all subject to a Head Lease to Tenard Flat Management Ltd. The lessee manage and insure.

Ground Rent £1760/£2640/£3520/£4400/£5280 rising every 25 years. The current rent is £2,640pa.

Head Lease Term 125 years from 25/12/1994. Head Lease title No. SY657186. Approx 97 years remaining.