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House
Key information
Property description & features
- For Sale By Private Treaty
- Significant Freehold Ground Rent Investment
- All Flats Sold on Long Leases
- 6 Flats With an Unexpired Leases of only 36 years
- 9 Flats With Unexpired Leases of only 74/76 Years
- 2 Flats With Unexpired Leases of only 87 Years
- 2 Flats With Unexpired Leases of 98 Years
- Remaining Flats with Over 100 Years Remaining on Their Leases
- Current Ground Rent Income of £12,050 Per Annum
- Extremely Rare Opportunity
Freehold ground rent investment comprising of 30 flats and 14 garages all sold off on leases as follows:
6 flats have unexpired lease terms of 36 years
9 flats have unexpired lease terms of between 74 and 76 years
2 flats have lease terms of 87 years unexpired
2 flats have lease terms of 98 years unexpired
11 flats have unexpired lease terms of over 100 years
Current Ground Rent Income Per Annum is £12,050
Enormous potential for significant lease extension premiums to be forthcoming in the future with these amounts meaningfully increasing as each year passes.
The freehold is situated win Hassocks, a quintessential Sussex village being on the doorstep of may local facilities whilst offering links to London by both car and rail.
PLEASE NOTE THAT NO ACTUAL ACCOMODATION IS BEING INCLUDED WITHIN THE SALE AS THIS IS PURELY A FREEHOLD REVERSION WE ARE SELLING.
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Energy Performance data and Internal floor area
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