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Other For Sale Solihull
PROPERTY ID: 85241
PROPERTY TYPE
Other
STATUS
Available
SIZE
0 sq.ft
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.
About the Agent
Sanderson Weatherall
See Agent's Other PropertiesOther Unit
POA
Main Street, Solihull, B90 1UB
Other -
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