Ground Rent Portfolio, 212-218 Upper Newtownards Road, Belfast, Antrim, BT4 3ET
£35,000
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Description & Features
- Portfolio of ground rents derived from properties located at:
- 117 Lisburn Road, Belfast
- 212-218 Upper Newtownards Road Belfast
- 82 Rugby Avenue, Belfast.
- To be offered as one lot, but consideration will be give
- to a split.
- Income of £4,100 pa
- Inviting offers in the region of £35,000
117 Lisburn Road Situated on the Lisburn Road at its junction with Ulsterville Avenue close to Belfast City Hospital. 212-218 Upper Newtownards Road Located on the Upper Newtownards Road, Ballyhackamore close to M&S, and a wide variety of retailers and restaurants. Rugby House, 82 Rugby Avenue Located off the Ormeau Road close to Queens University.
117 Lisburn Road, Belfast
An apartment development comprising of 38 apartments which are subject to ground rent of £50 per apartment.
Tenure: 999 years from 31st March 2016 let to One One Seven Lisburn Road Management Limited at a figure of £1,900 pa
212-218 Upper Newtownards Road, Belfast
The property comprises of four modern office buildings let by way of 4 leases each for a period of 900 years from July 2002 at a rent of £400pa. Total rent of £1,600pa
Rugby House, 82 Rugby Avenue
An apartment development comprising of six apartments subject to a rent charge for the sum of £600.00 per annum against the apartment management company, Rugby House Management Association Limited by virtue of a deed of conveyance and assignment dated 22nd February 2016.
Location of Ground Rent Portfolio
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