LOT 18

Freehold Ground Rents, Abberley Close, St. Helens, WA10 2AZ

Freehold Ground Rents, Abberley Close, St. Helens, WA10 2AZ


Property Viewings

Sold for £15,500


Property Details
Freehold ground rents secured upon eleven flats - 6 reversionary with approximately 62 years unexpired lease terms.
Freeholder manages and insures.
The lessees have not elected to take up their rights of pre-emption under the terms of the Landlord and Tenant Act 1987.

Flat 8
Lease term of 999 years from 02/04/1982 - ground rent of £15 per annum
Flat 10
Lease term of 99 years from 14/05/1982 - ground rent of £15 per annum
Flat 12
Lease term of 99 years from 31/03/1982 - ground rent of £15 per annum
Flat 14
Lease term of 999 years from 31/03/1982 - ground rent of £15 per annum
Flat 16
Lease term of 99 years from 30/03/1982 - ground rent of £15 per annum
Flat 18
Lease term of 99 years from 31/03/1982 - ground rent of £15 per annum
Flat 20
Lease term of 99 years from 15/06/1982 - ground rent of £15 per annum
Flat 22
Lease term of 999 years from 02/07/1982 - ground rent of £15 per annum
Flat 24
Lease term of 99 years from 25/08/1982 - ground rent of £15 per annum
Flat 26
Lease term of 99 years from 27/11/2015 - ground rent of £75 per annum doubling every 33 years
No. 31
Lease term of 999 years from 05/04/1982 - peppercorn ground rent

Total rent reserved per annum = £210
  • Freehold
  • Ground rent investment

Other Information
Local Authority – St Helens Council

Tenure
Freehold

Additional Information

A contract administration charge of £1,000 (inclusive of Vat) is payable on exchange of contracts. Please note this fee is not part of the deposit or purchase price.

Please refer to the Special Conditions of Sale & General Conditions of Sale for details of any additional fees, costs or disbursements (if applicable), which will form part of the contract.

*Guide price definition

Guide prices are provided as an indication of the seller’s current minimum acceptable price at auction. They are not necessarily figures that a property will sell for, and may change at any time prior to the auction. The guide price may not be the minimum sale price, which can be higher or lower.

Reserve price definition

The reserve price is the minimum acceptable price under the hammer, which remains confidential, and may change at any time prior to the auction. Unless otherwise stated, each property will be sold subject to a reserve. The reserve is expected to be set no more than 10% above a fixed figure guide price, or within a guide price range.