Lot 45: FREEHOLD GROUND RENTS

Sold £34,000

A detached property converted to provide eight self-contained flats.

Flats 1, 3, 7 and 8 are each sold on a lease for a term of 125 years, from 24th June 2006, at a ground rental of £150 per annum. Flats 2, 5 and 6 are each sold on a lease for a term of 999 years, from 24th June 2006, at a ground rental of £150 per annum and Flat 4 is sold on 988 year lease, from 24th June 2017, at a ground rental of £150 per annum.

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.