Ground Rent Investment
Ground Rent Investment
The property is located in the well established Carrs Industrial Estate, conveniently positioned adjacent to the A56.
Long Leasehold. 125 years from 19th March 1985 at a peppercorn rent per annum.
The property is located in the well established Carrs Industrial Estate, conveniently positioned adjacent to the A56.
Long Leasehold. 125 years from 19th March 1985 at a peppercorn rent per annum.
The property comprises a site of 0.65 Ha (1.60 Acres) upon which sits an L shaped terrace of industrial units.
VAT is applicable to this lot.
The property comprises a site of 0.65 Ha (1.60 Acres) upon which sits an L shaped terrace of industrial units.
VAT is applicable to this lot.
| Unit | Tenant | Term | Rent p.a.x. | Reversion |
|---|---|---|---|---|
| Unit 1 | EXPRESS CNC LIMITED | 124 years from 19/03/1985 | £250 |
15/03/2110 |
| Unit 2 | EXPRESS CNC LIMITED | 124 years from 19/03/1985 | £250 |
15/03/2110 |
| Unit 3 | INDIVIDUAL | 124 years from 19/03/1985 | £10 |
15/03/2110 |
| Unit 4 | SAANRO INTERNATION LIMITED | 124 years from 19/03/1985 | £10 |
15/03/2110 |
| Unit 5 | HURSTWOOD PROPERTIES (Y) LIMITED | 124 years from 19/03/1985 | £500 |
15/03/2110 |
| Unit 7 | POWERLINK COMPONENTS LIMITED | 124 years from 19/03/1985 | £520 |
15/03/2110 |
| Unit 8 | POWERLINK COMPONENTS LIMITED | 124 years from 19/03/1985 | £520 |
15/03/2110 |
| Unit 9 | FRENITALIA LIMITED | 124 years from 19/03/1985 | £10 |
15/03/2110 |
| Unit 10/11 | BELFMOOR INVESTMENTS LIMITED | 124 years from 19/03/1985 | £250 |
15/03/2110 |
| TOTAL | £2,320 |
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
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The guide is an indication of the minimum price at which the seller may be prepared to sell at the date the guide is published. If a guide range is provided, it represents a price bracket within which the seller may consider selling. The guide may be subject to change up to the time of the auction.
The guide does not include either VAT which may apply to the sale or other amounts the seller may charge. The seller’s Special Conditions of Sale and addendum if any, will state whether there are other seller’s charges and whether the seller has elected to charge VAT on the sale price.
The reserve is the minimum price acceptable to the seller and the price below which the auctioneer cannot sell. The reserve may be subject to change up to the time of the auction.
This is the price at which the property is sold.
Guide yield – The rent reserved divided by the guide.
Sale price yield – The rent reserved divided by the sale price plus standard purchaser’s costs including stamp duty.
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