Quay Road, Bridlington, YO15 2AB

An opportunity to acquire the freehold interest in a six-flat residential building with existing long-term leases and an established ground rent income.

The purchase represents an opportunity to acquire the underlying freehold interest rather than an individual flat.

The freeholder has the benefit of: * Existing ground rent income * Future ground rent review provisions where applicable * The landlord's interest in six residential leases * Service charge recovery provisions under the leases * The ability to manage the freehold in accordance with the lease terms * Potential long-term investment and capital value An interesting opportunity to acquire the freehold of 7-9 Quay Road, Bridlington, comprising a total of six residential leasehold flats.

The property is being offered for sale as a freehold investment, providing the successful purchaser with the benefit of the landlord's interest in the six existing leases.

The leases provide for the payment of ground rent, with certain leases also containing provisions for periodic increases.

The freeholder also retains the rights and responsibilities associated with the management and maintenance of the building under the terms of the individual leases, including the recovery of appropriate service charge expenditure.

This could provide an attractive opportunity for an investor seeking a long-term residential freehold investment with recurring landlord income and future lease-related potential.

The opportunity may be particularly attractive to property investors, freehold investors, property companies, existing leaseholders or purchasers looking to build a portfolio of residential freehold interests.

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