Woodland Avenue, Porthcawl, Bridgend. CF36 5HT

Offering the freehold of a block of four flats all held on leases to expire in 2110. A purchaser would be responsible in managing and collecting a service charge from all four leaseholders. Future income receipts would come via lease extensions. All leases are dated 28th February 1985 for 125 years. Information The lease extensions are each in the following parts 1. Leaseholders solicitors costs 2. Valuation 3. Premium 4. Landlord Solicitors costs. Estimate today of £6,000 each. The landlord would recover all cost and the future income will be comprised of the management fee or admin fee.