Could you explain this to me please?

There is a property advertise as have ten bedrooms spread on the two adjacent to second and third floors of two properties. The street height is office. The asking price is lb200,000 next to a 14 year permanent status to run on the lease. Further on the website it say the annual rent is lb12,000. Does it stingy the asking price is for the lease singular and that you obtain your income from letting the rooms out as in a hotel?

Answers:
Not in fact anyone competent to read the ad, it would be sturdy to proffer a correct answer.

My guess is the citation to the 14 year lease is for the businesses. It is not unusual to enjoy multi-year lease for businesses.

If you are unsure, simply christen and ask them.

Sounds similar to a well brought-up buy though, depending on the condition of the property.

Good Luck

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