Lot
098
Auction: July 2024 Online Auction 17/07/2024 - Bidding opens Tuesday 16th July 10:00 AM

Freehold Ground Rents , Various Addresses, Farnworth & Burscough, Bolton And Ormskirk , Lancashire & Manchester, BL4 0NH

Property Details
Location
Auction Details
Description
FREEHOLD GROUND RENTS - A portfolio of 67 ground rents in the established residential area of Farnworth, to the south east of Bolton, Ormskirk and a single property in Dukinfield to the east of Manchester The properties are held on 950 and 999 year leases from various dates between 1954 and 1978 with an average ground rent of £15.77 and an overall annual income of £1,275
Location
Farnworth lies to the south east of Bolton and the ground rents are secured to properties on Colchester Drive and Lichfield Close just off the B6199 to the west of the town. Ormskirk is a market town 13 miles to the north of Liverpool and the ground rents are situated in Burscough 3 miles to the north east
Accommodation

Tenancy
PORTFOLIO SUMMARY - A full list of the Addresses will be outlined in the legal pack 
No of HousesStreet                  Area                                                                       TITLE Lease TermsGround Rents pa 
1Oval Drive
Dukinfield, SK16
GM286150
999 years from 25/12/1978

£35

LandLichfield Close
Farnworth
GM909117999 years from 1/11/1954£15
26Lichfield CloseFarnworth
LA278147950 years from 1970 - 1971£390
27Colchester Drive
Farnworth
LA280546
950 years from 1969-1971
£405
9Lichfield Close
FarnworthLA280546
950 years from 1969-1971
£135
5The WillowsOrmskirk, L40Various999 years from 1971£70
10Colburne CloseOrmskirk, L40
Various999 years from 1970£185
1Stanhouse LaneOrmskirk, L39LA913593999 years from 1970
£20
1Stanhouse Lane
OrmskirkLA913946999 years from 1970
£20

REFER TO LEGAL PACK 





£1,275

Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
General
1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 16TH JULY AND CLOSES ON WEDNESDAY 17TH JULY.
Addendum
There has been duplication with some of the addresses in the original schedule and you are referred to the detailed list of in the legal pack.

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