Freehold Ground Rent Investment of Two Flats Producing £100pa
Freehold ground rent investment of 2no 999 year leases each paying £50 pa, therefore total £100 pa. The property itself is a traditional constructed two storey property which has been converted into 2no flats with forecourt to front and yard/garden to rear. The property is situated fronting onto Moorside Road which links between Manchester Road/Chorley Road (A6) to the north and the East Lancashire Road (A580) to the south. The property is situated close to the centre of Swinton and approximately 5 miles north west of Manchester City Centre. We are informed that Section 5 Notices have been served on the leaseholders.
Tenure
Freehold
Energy Efficiency Rating (EPC)
Current Rating N/A
Local Authority
Salford City Council
Solicitors
Khan Mather Solicitors, 19-23 Stamford New Road, ALTRINCHAM, Cheshire WA14 1BN, Ref: Lauren Basger
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
Buyer's Premium - £1,200 including VAT payable in addition to the Administration Charge
Administration Charge - 0.9% including VAT subject to a minimum of £900.00 including VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.