Freehold Interest | St George's Court, Shrewsbury, Shropshire

Freehold ground rent only, comprising of 9 leases currently yielding £900 pa (£100 per leasehold) which becomes payable every December
Guide Price
£20,000

Freehold Only, 9 Leaseholds, 900 Pounds pa, Investment


The freehold comprises of 9 leases that were granted between 2001 - 2003 and were issued with 125 years unexpired at the time.

As per the statement in the leasehold relating to St George's Court:

Yielding and paying therefore during the first 25 years the said term the annual rent of £100 (one hundred pounds) The second 25 years of the term the annual rent of £150 (one hundred and fifty) The third 25 years of the term the annual rent of £200 (two hundred) the forth 25 years of the term the annual rent of £250 (two hundred and fifty pounds) and the for the residue of the said term the annual rent of £300 (three hundred pounds) and the said yearly rent shall be paid without any deduction (and so in proportion for any less period than a year) a first proportionate payment to be made on the execution of this lease for the year ending of the 24th of December next and subsequent payments to be made in advance by yearly payments on the 25th of December each year.

From the Balfours office, take the first left onto Swan Hill. After 0.1 miles turn right onto Murivance, continue onto St Chad's Terrace, continue onto Claremont Bank and turn left onto Frankwell/A458. At the roundabout, take the first exit onto Copthorne Road/A458 and the freehold will be found immediately on the right-hand side.





Key Features

Freehold Only 9 Leaseholds
900 Pounds pa Investment
Brochure
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