Northampton Freehold Ground Rent (Acquired For Clients)

• Former Victorian commercial premises into four apartments at
• 4 apartments
• The apartments have no dedicated parking and there is no additional land so the land is the same size as the building footprint.
• The rent under each lease is £200 pa for the first twenty years, £300 pa for the next twenty years, £400 pa for the next twenty years and then £500 pa for the remainder of the term.  The tenants reimburse the buildings insurance and also pay a service charge for maintaining the structure.
• Leases 125 years
• Landlord manages/insures
• Ground rents increase by £100 every 20 years
• Asking £19,200.

Acquired for clients

Northampton Freehold Ground Rents