Freehold Commercial Ground Rent Investment, North East Lincolnshire, DN40

Land at Queens Road, Immingham, DN40 1QT

A freehold ground rent investment in Immingham (DN40), freehold. Allsop is selling it at auction on Wednesday 11 November, with a guide of £1,300,000+. The auctioneer's listing says it comes with a tenant in place. The stated rent is £103,094 a year, about 7.9% gross on the guide.

Written by Lotwick from the key facts. For the full particulars, see Allsop's lot page.

From the auctioneer's description:tenantedStated rent £103,094 a year · 7.9% gross on the guide

Guide price

£1.3M+

18days

13hrs

14mins

14secs

Wed 11 NovAdd to calendar

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Status verified with Allsop 1 hour ago

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Location

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North East Lincolnshire, DN40. Indicative location. Sources

Estimated cost to winPrice, fees and Stamp duty (non-residential)£1,356,500See breakdown

Est. total£1,356,500

Price£1,300,000
Buyer's / admin fee£2,000
Stamp duty (non-residential) estimate£54,500
Legal pack and searches£0

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Allsop's usual buyer's fees (Residential: £2,000 inc VAT (£300 under £10,000); commercial £1,500 + VAT). Check the lot's legal pack. Estimate only. How fees work