*Guide | £45,000 (plus fees)
- Commercial Property
Call the team on 0113 393 3482 for more information
This freehold ground rent investment is sure to be of interest to any investors looking for a secure return. The ground lease is granted for a term of 99 years from 10 November 1995 (69 years remaining). The current rent passing is £3,066.29 and the lease incorporates 5 yearly rent reviews, the next review scheduled for 10 November 2025. The rent is set at 10.61% of the ‘notional rent’ being received as at the relevant review date by the doctors surgery from the NHS for the surgery building constructed on the land. The site is located in Beeston just over a mile to the South of Leeds city centre.
Charges and Payments
In addition to the deposit Administration Charge: 1.2% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.
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 - See above
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
