House For Sale £650,000
Freehold Ground Rent Investment For Sale
Freehold ground rent investment comprising of 30 flats and 14 garages all sold off on leases as follows:
6 flats have unexpired lease terms of 36 years
9 flats have unexpired lease terms of between 74 and 76 years
2 flats have lease terms of 87 years unexpired
2 flats have lease terms of 98 years unexpired
11 flats have unexpired lease terms of over 100 years
Current Ground Rent Income Per Annum is £12,050
Enormous potential for significant lease extension premiums to be forthcoming in the future with these amounts meaningfully increasing as each year passes.
The freehold is situated win Hassocks, a quintessential Sussex village being on the doorstep of may local facilities whilst offering links to London by both car and rail.
PLEASE NOTE THAT NO ACTUAL ACCOMODATION IS BEING INCLUDED WITHIN THE SALE AS THIS IS PURELY A FREEHOLD REVERSION WE ARE SELLING.
Freehold ground rent investment comprising of 30 flats and 14 garages all sold off on leases as follows:
6 flats have unexpired lease terms of 36 years
9 flats have unexpired lease terms of between 74 and 76 years
2 flats have lease terms of 87 years unexpired
2 flats have lease terms of 98 years unexpired
11 flats have unexpired lease terms of over 100 years
Current Ground Rent Income Per Annum is £12,050
Enormous potential for significant lease extension premiums to be forthcoming in the future with these amounts meaningfully increasing as each year passes.
The freehold is situated win Hassocks, a quintessential Sussex village being on the doorstep of may local facilities whilst offering links to London by both car and rail.
PLEASE NOTE THAT NO ACTUAL ACCOMODATION IS BEING INCLUDED WITHIN THE SALE AS THIS IS PURELY A FREEHOLD REVERSION WE ARE SELLING.
