1-17 Espionage Place, West Way, Portland, Dorset, DT5 2NA
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Read more Read moreFreehold ground rents secured against a 2 storey building arranged as 17 flats ( 1 x studio, 8 x 1 bed, 6 x 2 bed, 2 x 3 bed) producing £3400 pa (rising). Potential to develop the air space with additional floors and flats subject to planning. Each flat is held on a lease for 125 years from 29/09/2017, the initial ground rent is £200 pa per flat with RPI reviews every 10 years throughout the term. We understand the lessees have submitted a right to manage application. We refer bidders to the Section 5a Notices included in the legal pack. This landmark building enjoys direct views across to Portland Bill and the sea. There is potential to construct additional floors / apartments subject to the necessary consents.
