In the UK, ground rent refers to rent paid by the leaseholder of a property to the freeholder, in return for use of the land on which the property is sited. Owners of a flat in a block, for example, will often pay ground rent. Ground rent leases tend to be long, with a hundred or even a thousand-year contract not unheard of, and the amount is small to negligible, almost always under a hundred pounds a year and often far less. However, if ground rent is paid on a number of properties, it can represent a small, but regular and reliable, source of income, for little effort.
A valuable freehold ground rent investment secured in a modern development of 23 apartments and a single retail unit. Income totals £4,800 per annum (£200 per u ...
Ground Rent Properties in Nottingham
NEARBY OCCUPIERS INCLUDE SOUTH WEST AMBULANCE. SERVICE, CORNWALL COUNTY COUNCIL AND CAW. GIA 158.59 SQ M (1,707 SQ FT).
Ground Rent Properties in Threemilestone