6 Bedroom Block of Apartments House to Rent

Full Description

BLOCK OF SIX, ONE BEDROOM SELF CONTAINED FLATS ALL TENANTED, Current Income of Approximately ?29,640, Large Car Park To The Rear, VIEWING ESSENTIAL

General Description
We are delighted to offer for sale this block of six, one bedroom self contained flats in the heart of St.Annes. All flats are currently tenanted with rents of ?92 per week, per flat. All flats are in fair condition, the tenants are all good tenants that have been there for at least six months. There is a large car park to the rear of the building also. The tenants each pay for their own council tax. Three flats electric is on sub meters in each flat, this means the tenants buy electric cards from the landlord, and the main bill is paid by the landlord using the money generated from the tenants buying the electric cards, three flats pay their own electric bill, however, the landlord/new owner will be liable for the communal area lighting etc. Each tenant pays their own water bill.

Lease information
The lease was a 980 year lease which started on the 1st September 1886, there is approximately 840 years remaining. The ground rent is approximately ?5 annually.



Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Lease Length
840 Years

Utilities
Electric: Mains Supply
Gas: None
Water: Mains Supply
Sewerage: Mains Supply
Broadband: None
Telephone: None

Other Items
Heating: Electric Heaters
Garden/Outside Space: No
Parking: Yes
Garage: No