York Road, Hove, BN3 1DJ sold 2023

York Road, Hove, BN3 1DJ

Freehold Ground Rent Investment For Sale, producing £650pa (rising)

sold 2023

about this property

An inner terraced building arranged as 4 flats, producing £650pa (rising).

Accommodation
LOWER GROUND FLOOR
189 year lease from 1992 - 159 years remaining
Ground Rent: £280pa increases to £410 in 2041
GROUND FLOOR
Term: 99 years from 25/12/1992 - 69 years remaining
Ground Rent: £110 increasing in 2041 to £175, then in 2066 to £250pa
FIRST FLOOR
Term: 999 year lease from 2012
Ground Rent: £110 increasing in 2041 to £175, then in 2066 to £250pa
SECOND FLOOR
Term: 189 years from 25/12/1992
Ground Rent: £150 doubling every 30 years through term.

Notes
Leases and Office Copy Entries available upon request
Freeholder Manages and Insures
Offers Invited, subject to Section 5A Notices

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