Monaco Court Freehold Reversion, Ground Rent Investment, BH8

GROUND RENT INVESTMENT FOR SALE

MONACO COURT, CHARMINSTER ROAD, BOURNEMOUTH, BH8 9QZ

ALL ENQUIRIES STRICTLY TO HOUSE & SON

* 6 Flats in one purpose-built block

* 1 Lease for a term of 125 years from 25 December 1993, at a ground rent of £50 p.a. rising by £50 every 25 years (96 years unexpired)

* 1 Lease for a term of 120 years from 25 December 2001, at a ground rent of £100 p.a. rising by £100 every 20 years (99 years unexpired)

* 1 Lease for a term of 144 years from 25 December 1977, at a ground rent of £100 p.a. rising by £100 every 20 years (99 years unexpired)

* 1 Lease for a term of 151 years from 25 December 1970, at a ground rent of £50 p.a. rising by £100 every 20 years (99 years unexpired)

* 1 Lease for a term of 120 years from 25 December 2001, at a ground rent of £100 p.a. rising by £100 every 20 years (99 years unexpired)

* 1 Lease for a term of 120 years from 25 December 2001, at a ground rent of £100 p.a. rising by £100 every 20 years (99 years unexpired)

* Potential for roof top development, to add a 'Penthouse Floor' (1 or 2 flats)
(Subject to obtaining the relevant Permissions)

* Maintenance and Insurance carried out by Landlord

* Section 5 Notices have not been served

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.