Property Details

Description The Property Comprises The Freehold Reversion Of A Portfolio Of 45 Commercial Units And 365 Residential Units. The Current Ground Rent Income Is £7,103 (commercial) & £56,896 (residential) Per Annum, Providing A Gross Income Of £63,999 Per Annum. All Leases Are For A Term Of 999 Years From 1st January 2003 And Have Rpi Index Linked Rent Reviews Based On A 5 Yearly Review Pattern, Therefore Offering Excellent Secure Index Linked Income. The Exception Is 26 Main Street, Where A Further Sum, Fixed At £400 P.a. Is Payable In Addition To The Ground Rent. Constructed Over A Number Of Years From 1998 Onwards The High Street Provides Various Restaurants, Along With Amenities Such As Dry Cleaners, Opticians, Beauty Salon, Hairdressers And Pharmacy.