Lot 8: FREEHOLD GROUND RENTS

Sold £15,000

An end-terrace property comprising two flats each subject to a lease for a term of 99 years, one calculated from 24th June 1990 and the other from 24th June 1991, each at a ground rental of £25 per annum, doubling every 33 years.

Auctioneer’s Note

Section 5(b) Notices under the Landlord & Tenant Act 1987 (as amended) have been served and the leaseholders have not reserved their rights under the legislation.