Lot 32: FREEHOLD GROUND RENTS

Sold £29,750

A freehold block divided into six flats. Flats 1, 3, 4 and 6 have each been sold on a 125 year lease, from 25th December 2016, at a current ground rental of £200 per annum each. Flat 2 has been sold on a lease from 11th November 2011 to 24th December 2130 at a current ground rent of £200 per annum and Flat 5 has been sold on a 99 year lease, from 25th December 2005 at a current ground rent of £200 per annum.

Auctioneer’s Note

Section 5(b) Notices under the Landlord & Tenant Act 1987 (as amended) have been served and the leaseholders have reserved their rights under the legislation.