CHAPEL ON THE GREEN – Ground rent for sale

DESCRIPTION

A modern conversion consisting of seven apartments and which have each been sold upon 999 year leases from 2005 producing a total ground rent income of £1,800 per annum. The ground rents will double every 25 years so long as the increased rental payments will not exceed that which might be achieved by the rental produced by a protected tenancy.
The Freeholder controls the insurance, but there is no management . PRICE: Offers are invited upon an unconditional basis apart from
Subject to Section 5 Notices and subject to contract.
SOLE AGENTS: INVESTMENT DIVISION
HURFORD SALVI CARR
For further information contact Daniel Lachs
E – mail: daniel.lachs@h-s-c.co.uk
tel: 020 7566 9444

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