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A Freehold Ground Rent Investment Secured Upon a Mid Terrace House Producing £25 per annum.
The property comprises a ground rent investment secured upon a modern three storey townhouse with integral garage. The lessee is only permitted to sublet as a single dwelling (no sharers) and is not allowed to remove any internal walls without freeholder's consent.
Tenure
Freehold subject to a lease for a term of 999 years from 20th September 1973 producing a ground rent of £25 per annum.
Location
The property is situated on a quiet cul-de-sac in a popular part of Salford.
Current Rent Reserved
Current Rent Reserved £25 per annum
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.