Block of flats for sale in Eddisbury Square, Frodsham WA6, £1,300,000
1,300,000.00
Offer Nr.:
65761636
Type of ad:
for Sale
Property type:
Block of flats
Contact name:
Assembly Commercial Real Estate
Phone(s):
020 3641 3212
Email:
* 13 flats on AST's
Investment opportunity in Frodsham, a thriving Cheshire market town.
A new 999 years long leasehold at a peppercorn ground rent. Comprises a block
of13 flats let on ASTs
Currently producing an income of £84, 660 per annum, with an erv of £93, 600 per
annum.
Break up potential.
High rental growth area.
Offers inthe region of £1, 300, 000 (one million, three hundred thousand
pounds) are invited for the long leasehold interest. This represents a low
capital value of £140 psf,which is less than replacement cost. The purchaser
may qualify for multi - unit relief on stamp duty. They should rely on their own
enquiries in this regard.
Tenancyschedule and brochure have been uploaded for viewing.
Investment opportunity in Frodsham, a thriving Cheshire market town.
A new 999 years long leasehold at a peppercorn ground rent. Comprises a block
of
Currently producing an income of £84, 660 per annum, with an erv of £93, 600 per
annum.
Break up potential.
High rental growth area.
Offers in
pounds) are invited for the long leasehold interest. This represents a low
capital value of £140 psf,
may qualify for multi - unit relief on stamp duty. They should rely on their own
enquiries in this regard.
Tenancy
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