Freehold Ground Rent Investment
Freehold Ground Rent Investment
Barrow-in-Furness is a large town in west Cumbria and is one of the Lake Districts most important administrative and commercial centres. The property is situated in a prominent position on Portland Walk with nearby occupiers including JD Sports, Boots the Chemist, Greggs and Superdrug.
Freehold.
Barrow-in-Furness is a large town in west Cumbria and is one of the Lake Districts most important administrative and commercial centres. The property is situated in a prominent position on Portland Walk with nearby occupiers including JD Sports, Boots the Chemist, Greggs and Superdrug.
Freehold.
The property comprises two shops arranged on the ground and first floors.
VAT is not applicable to this lot.
Please note the buyer will pay £500 plus VAT towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.
6 Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises two shops arranged on the ground and first floors.
VAT is not applicable to this lot.
Please note the buyer will pay £500 plus VAT towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.
6 Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Unit | Tenant | Term | Rent p.a.x |
|---|---|---|---|---|
| Ground/First | 2/3 | MANAGEMENT INVESTMENTS LIMITED | Approx. 999 years from 01/08/2004 to 31/07/3003 (1) | Peppercorn |
| Ground/First | 4 | TWO INDIVIDUALS | Approx. 999 years from 01/08/2004 to 31/07/3003 (2) | Peppercorn |
| Total | Peppercorn |
(1) Sublet to tenant trading as Vodafone
(2) Sublet to tenant trading as Max Speilmann
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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