Portfolio of 13 Ground Rents Investments Producing £1,300 per annum

Portfolio of 13 ground rents at Kandel Place and Kandel Court which branches from North Street in the Whitworth area of Rochdale. The portfolio produces £1,300 per annum in total (i.e. £100 per annum, per property). The ground rents are held long leasehold for a term of 800 years with effect from 1 January 2013. The lease incorporates rent reviews every 10 years to increase the rent by 10%. Further details available within the legal pack.

Tenure

To Be Confirmed In Legal Pack

Viewing

Please contact Roger Hannah & Co on 0161 817 3399

Energy Efficiency Rating (EPC)

Current Rating N/A

Local Authority

Rochdale Metropolitan Borough Council

Solicitors

Priority Law, Lake View, Lakeside, CHEADLE, Cheshire SK8 3GW, Ref: Alison Taylor, Tel: 0161 207 7600

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of 0.9% inc VAT, subject to a minimum of £1080 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.