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42 Aitken Way, Loughborough, LE11 2UL

Key features

  • GROUND RENT INVESTMENT
  • Freehold ground rent investment subject to long lease. The property is let on a ground lease for 125 years from 01.01.2014 at an annual ground rent of £250. Rent review every 25 years...
  • GUIDE PRICE: £750 PLUS VAT & COSTS

Description

Available £750 PLUS VAT & COSTS
For Sale by Public Auction on 14/02/2024

Location:
The property is located in the sought after Grange Park development, off Highland Drive and off the main road section of Aitken Way in a private space.

Description:
A freehold ground rent investment subject to existing lease for a coach house, garages and parking.

Note
Current Ground Rent: £250 pa.

Tenure
Freehold ground rent investment subject to long lease.
The property is let on a ground lease for 125 years from 01.01.2014 at an annual ground rent of £250.
Rent review every 25 years when the income is doubled.
Next review to be in 2039.

Solicitors
Frisby & Small, 5-7 De Montfort Street, Leicester LE1 7GE
Tel: ~ Ref: J Crowson

Brochures

Legal Documents
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

42 Aitken Way, Loughborough, LE11 2UL

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About Kal Sangra Shonki Brothers, Leicester - Auctions

85 Granby Street Leicester LE1 6FB

Welcome to the SHONKI BROTHERS ESTATE AGENTS Website

Established in 1966, Shonki Brothers, the first Asian Estate Agents in England, have been providing service to the public for more than 30 years, which from humble beginnings can now claim to offer a service to Vendors and Purchasers which is second to none. We are a company with the clients interest at heart and you can be assured that your needs as a potential customer of Shonki Brothers will be handled in the most efficient and professional way.

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Disclaimer - Property reference 234355. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Kal Sangra Shonki Brothers, Leicester - Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Kal Sangra Shonki Brothers, Leicester - Auctions on 0116 216 5653.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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