0 Bed Commercial Property For Sale

Description:

The Ground Rents are being disposed of by way of the sale of Rufford Freehold Property Company Limited.



The Ground Rents are payable on the exclusive residences which have been formed from the conversion of the Grade II Listed Georgian Residence, conversion of the stable block which is also Grade II Listed plus the new build residences.



Each residential unit pays a Ground Rent of £115 pa (£57.50 half yearly).



Of the 32 Ground Rents received, 6 are secured on the apartments within the Main Hall, 15 on the new build units known as The Courtyard and 11 units converted from the Stables, generating a total of £3,680 pa.



On the sale of each unit the freeholder's consent is required for which a charge is levied, currently in the order of £300.00.



Notices have been served under Section 5A of the Landlord and Tenant Act 1987.



The disposal is by way of the sale of the Company and provides an opportunity to acquire well secured Ground Rents on high quality, exclusive residences within the grounds of the elegant Rufford New Hall, a Grade II Listed building.



Negotiations:

All negotiations should be conducted through the agent, Peter E Gilkes.