Lot 13 Freehold Block Of Ground Rents With Additional Income From An Advertising HoardingAuction Date:
26th March 2026
Ground Rents, Bolton Court, Windmill Hill, Brixham, Devon, TQ5 9DR
Currently let at £3,890 per annum
Freehold block of ground rents on a purpose-built block of contemporary design, located in Brixham.
All of the flats have been sold on leases from 1st June 2018 for a total of 999 years. In addition to the ground rental income, there is also an advertising hoarding which is being let for a term of 5 years from 2022 at a rental of £1,000 per annum. Three of the flats have grounds rents of £250 per annum, a further eight are at £220 per annum and the remaining two are £190 per annum. All have 25-year reviews with the exception of Flat 10 which has 10-year reviews.
Auctioneer's Note
Section 5B Notices under the Landlord and Tenant Act 1987 (as amended) have been served and the leaseholders have not reserved their rights under this legislation. Also, the leaseholders have set up a right to manage which has taken over the management of the block.
There is an addendum available to be read
in conjunction with the legal documentation.
Important
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
* Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
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