Ground Rent Portfolio, 212-218 Upper Newtownards Road
Belfast
BT4 3ET

Inviting offers in the region of £35,000

Property details

Also in this Ground Rent Portfolio Sale include 117 Lisburn Road and 82 Rugby Road 212-218 Upper Newtownards Road Located on the Upper Newtownards Road, Ballyhackamore close to M&S, and a wide variety of retailers and restaurants.

117 Lisburn Road, Belfast An apartment development comprising of 38 apartments which are subject to ground rent of £50 per apartment. Tenure: 999 years from 31st March 2016 let to One One Seven Lisburn Road Management Limited at a figure of £1,900 pa 212-218 Upper Newtownards Road, Belfast The property comprises of four modern office buildings let by way of 4 leases each for a period of 900 years from July 2002 at a rent of £400pa. Total rent of £1,600pa Rugby House, 82 Rugby Avenue An apartment development comprising of six apartments subject to a rent charge for the sum of £600.00 per annum against the apartment management company, Rugby House Management Association Limited by virtue of a deed of conveyance and assignment dated 22nd February 2016.

Key features

• Portfolio of ground rents derived from properties located at: 117 Lisburn Road, Belfast 212-218 Upper Newtownards Road Belfast 82 Rugby Avenue, Belfast.
• To be offered as one lot, but consideration will be give to a split
• Income of £4,100 pa
• Inviting offers in the region of £35,000