Skegness PE25 Ground Rents

Skegness PE25 Ground Rents

 

Skegness, Cambs PE25 Ground Rents For Sale

19 flats in building previously used as offices

All leases have 999 year leases from 2011

Each flat pays annual ground rent of £250

Ground rents are increased every 10 yrs and linked to house prices index

Total ground rent collected £4,750 per annum

Landlord manages and insures and recovers from lessees

Section 5 notices have not been served

Asking price £100,000 subject to contract and service of section 5 notices

Asking price £100,000 + intro fee

SOLD