Worthing Ground Rent Sales


Worthing Ground Rent Sales


Worthing Asking £65,000 Under Offer

Freehold ground rents secured upon 9 self contained flats. 4 retail units, 6 garages & advertising hoarding.

Shops sold on 999 year leases paying peppercorn ground rent

Flats have leases of 125 years unexpired

Each flat pays annual ground rent £200 PA.

Adversising hoarding pays annual rent of £1250 PA. (Lease 15 yrs from November 2015)

Total ground rent reserved £3,050 per annum

Landlord manages/insures and recovers from lessees

ASKING PRICE £65, 250 + intro fee.
Under Offer
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