From
£10,000
Property for saleStafford Street, Hanley, Stoke-On-Trent ST1
Auction
About this property
Freehold Ground Rent Investment
Comprising 7 x Retail Units and 21 x Flats
Total Ground Rent of £2,700 per annum
Established Town Centre Location
Investment Let at £2,700 p.a. (27% giy on Guide Price)
Strapline
Auction Sale - 08/10/2024
Freehold Ground Rent Investment Comprising 7 x Retail Units and 21 x Flats
Producing a Total Ground Rent of £2,700 per annum
Description
The property comprises a freehold ground rent investment in the heart of Stoke-on-Trent.
Arranged as 7 retail units across ground and first floors with a further 21 flats to the second floor, the property is fully let on separate long leaseholds and producing a total ground rent of £2,700 per annum.
The ground rents are all payable by residential units, with the commercial leaseholds for a term of 999 years at a peppercorn rent.
Auction Sale - 08/10/2024
Freehold Ground Rent Investment Comprising 7 x Retail Units and 21 x Flats
Producing a Total Ground Rent of £2,700 per annum
Description
The property comprises a freehold ground rent investment in the heart of Stoke-on-Trent.
Arranged as 7 retail units across ground and first floors with a further 21 flats to the second floor, the property is fully let on separate long leaseholds and producing a total ground rent of £2,700 per annum.
The ground rents are all payable by residential units, with the commercial leaseholds for a term of 999 years at a peppercorn rent.
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