FGR's, 1, 5 & 6 & Land at 3 High Leasowes, Halesowen, West Midlands, B63 4BN
- PROPERTY TYPE
Land
- SIZE
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Description
Property for auction on 22nd October at 13:00 at Avery Fields, 79 Sandon Road, Edgbaston, Birmingham B17 8DT
Property Description:
A Portfolio of Freehold Ground Rents, secured upon three modern terraced houses of brick construction with pitched tile clad roofs, located in a cul de sac known as High Leasowes which leads via Richmond Street off Stourbridge Road (A458), forming part of an established residential area situated approximately 500m west of Halesowen Town Centre.
Lease Information
Each property is subject to long leases as follows:
1 High Leasowes
Term: Expiring 23 September 2070 (Less than 45 years unexpired).
Ground Rent: £37.50 per annum.
Freehold Land Registry Title No. WM652104
3 High Leasowes
Land contained in Title No. WM652105
5 High Leasowes
Term: Expiring 31 December 2142 (117 years unexpired).
Ground Rent: £57.50 per annum rising during the term.
Freehold Land Registry Title No. WM652107
6 High Leasowes
Term: Expiring 28 September 2070 (Less than 45 years unexpired).
Ground Rent: £37.50 per annum.
Freehold Land Registry Title No. WM652108
Total Current Ground Rent Income: £132.50 per annum.
Legal Documents:
Available at
Viewings:
Not Applicable.
The Buyers Administration Fee for this Lot will be £650 including VAT
Brochures
General ConditionsViewing TimesImportant NoticesCommon Auction ConditionsBuyers Guide to AuctionLegal DocumentsFGR's, 1, 5 & 6 & Land at 3 High Leasowes, Halesowen, West Midlands, B63 4BN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Old Hill Station1.4 miles
- Cradley Heath Station2.0 miles
- Rowley Regis Station2.1 miles
Notes
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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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