FGR, 20 Appleby Close, Kings Heath, Birmingham, B14 6PA
CottonsCottons is a Birmingham-based independent firm of Chartered Surveyors with nearly a century of expertise in property auctions, sales, lettings, estate management, and valuations. Serving the Midlands and beyond, they provide professional and reliable property services backed by industry standards.
Read more Read moreA Portfolio of Freehold Ground Rents, secured upon four [semi detached dormer bungalows of brick construction with pitched tile clad roofs], located in Basin Lane, Glascote Road and Lilac Avenue, forming part of an established residential area situated [approximately 3/4 mile to the north of Halesowen Town Centre]. Lease Information Each property is subject to a long lease for a term of 99 years which expires on 28th September 2065 (24 March 2065 for Lilac Avenue), each paying a current Ground Rent of £30 per annum (£26 per annum for Lilac Avenue). Total Current Ground Rent Income: £116 per annum. Freehold Land Registry Title No. [INSERT DETAILS] Legal Documents: Available at www.cottons.co.uk Viewings: Not Applicable. The Buyers Administration Fee for this Lot will be £650 including Vat Important Note: The catalogue information has been updated on 19th May in accordance with the addendum comment 'The Lot comprises of only One Freehold Ground Rent as the FGR for 108 Dawberry Fields is excluded from the sale due to purchase by the Lessee. The Guide Price has been reduced accordingly to a range of £4,000 - £6,000.'
