This rare investment opportunity presents a freehold reversionary interest in a block of flats in Grimsby, featuring multiple flats leased to long-term tenants. The original leases, which commenced in 1986, have a unique structure, with ground rent doubling every 33 years, offering potential future profits through lease extension transactions. While some lessees have already extended their leases to 189 years, a dozen units still remain on the residual 99-year terms, providing an attractive opportunity for investors to benefit from ongoing ground rent income and potential future profits. The property is situated in an established location with convenient amenities and transport links, making it an exclusive investment opportunity that should not be missed.