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The freehold ground rent interest in Sentinel House in Norwich’s Surrey Street comes up for sale at the Acuitus commercial property auction on February 14 2013 together with an additional 41 lots. The current ground rent from the 104,000 sq ft office building (pictured left) is £100,000 pa and it is being offered for sale with a guide price of £2.25m.
Further information and a copy of the full auction catalogue containing details of all 42 lots can be found below.
Acuitus auctioneer, Richard Auterac, commented: “Ground rent investments are proving hugely popular with investors as they provide the opportunity to buy a secure income stream at a return which is in advance of what their cash would achieve in a savings account”.
The auction venue is the Millennium Hotel, 44 Grosvenor Square, London W1K 2HP
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