Ground Rents at The Old Chapel, St. Pauls Square, Jewellery Quarter, Birmingham, B3 1QS
13 freehold ground rents on 12 private dwellings in Birmingham
Sold Prior to auction, for an undisclosed amount
Thirteen Freehold Ground Rents Secured on 12 Private Dwellings and Electricity Sub Station Current Gross Income: £1,800 pa
Property DescriptionThirteen Freehold Ground Rent investments secured on 12 private dwellings in a former chapel converted into apartments and an electricity sub station.
LocationSt. Pauls Square is a Georgian square in the Jewellery Quarter suburb of central Birmingham and is accessed via Brook Street, Caroline Street and Mary Ann Street.
Lease DetailsApartment 1:- 150 years from 6th December 2003.
Apartment 2:- 150 years from 6th December 2003.
Apartment 3:- 150 years from 11th June 2004.
Apartment 4:- 150 years from 6th December 2003.
Apartment 5:- 150 years from 30th January 2004.
Apartment 6:- 150 years from 1st July 2004.
Apartment 7:- 150 years from 6th December 2003.
Apartment 8:- 150 years from 6th December 2003.
Apartment 9:- 150 years from 6th December 2003.
Apartment 10:- 150 years from 6th December 2003.
Apartment 11:- 150 years from 6th December 2003.
Apartment 12:- 150 years from 6th December 2003.
Each of the apartments are subject to a Ground Rent of £150 per annum escalating.
Electric Sub Station:- 99 years from 20th March 1980 - subject to a peppercorn Ground Rent.
See legal pack for further details.
Auctioneers NotePlease note offers may be considered prior to the Auction Sale.
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and all potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.
REMOTE BIDDING AUCTION
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