Guildford Court, Surrey Road, Bournemouth BH4 9HP
POA via House & Son, Bournemouth: 020 3889 1256
Planning Permission for 'Penthouse Floor' 8 additional units - GDV over £1.5 Million
45 Flats in two purpose-built blocks
Current income of £3,185 p.a.
18 Flat Leases for a term of 125 years from 25 March 1977, currently paying a total ground rent of £1,110 p.a., increasing to £1,665 p.a. from 25 March 2052
5 Flat Leases for a term of 215 years from 25 March 1977 at a peppercorn ground rent
2 Flat Leases for a term of 150 years from 25 March 2015, at fixed rents of £150 p.a. i.e. a total of £300 p.a.
9 Flat Leases for a term of 150 years from 25 March 2015 at fixed peppercorn rents
11 Flat Leases for a term of 150 from 25 March 2015, currently paying £1,775 p.a. and increasing by £1,775 on 25 March 2040 and every 25 years thereafter
8 surface parking spaces, subject to short term rental agreements
Maintenance and Insurance is arranged by the Freeholder
Managing Agents are appointed
Section 5 Notices have not been served
Guide Price £125,000 for Ground Rent Investment, plus Offers invited in respect of Planning Permission
Agent: House & Son, Bournemouth
House & Son, Lansdowne House, The Lansdowne, Christchurch Road, Bournemouth, BH1 3JW
Phone: 020 3889 1256