Ground Rents At Bolton Road, Adlington, Chorley, Lancashire PR6 9AB
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- Ground Rental portfolio producing £32,250pa
- 129 houses let on long leases at £250pa each
- Further 30 dwellings let at a peppercorn rent
- Part Freehold and part Leasehold title with 847 years unexpired
- Modern residential estate
Description
For sale by Auction on 28 April 2026.
A portfolio of ground rents secured to 159 dwellings on a modern estate in a popular residential area. The ground rents are £250pa each against 129 of the dwellings and a peppercorn against the remaining 30.
The gross income receivable is £32,250pa
The dwellings are let on long-leases with c 847 years unexpired
The property is held under two titles, as follows-
Title Number LAN96484 (Leasehold)
913 years (less 10 days) from 25th March 1960
The undeveloped area to the east of the estate is subject to a sublease for 913 years (less 10 days) from the same date.
See legal pack for full schedule
Addresses include -
Land to SE of Bolton Road
Rossendale Drive
Barrow Nook Grove
Aldcliffe Court
Freckleton Court
Hornby Close
Brierfield Close
Freckleton Court
Title Number LA546231 (Freehold)
74 Bolton Road
2 Rossendale Drive
Tenure: See Legal Pack
EPC Rating: NA
Terms:
Auction Details
The sale of this property will take place on the stated date by way of Multi lot timed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale.
All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 1.8% of the purchase price (subject to a minimum of £2,400 inc. VAT)
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
Ground Rents At Bolton Road, Adlington, Chorley, Lancashire PR6 9AB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Adlington (Lancs.) Station0.4 miles
- Blackrod Station1.8 miles
- Chorley Station3.0 miles
Notes
Disclaimer - Property reference 202602051009sq_ueu1. 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 BTG Eddisons Property Auctions, Nationwide. 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 BTG Eddisons Property Auctions, Nationwide on 03456 462288.
*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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