Lot 59: FREEHOLD GROUND RENTS

Sold £17,500

A semi detached property divided to provide four flats, each sold on long leases at a current ground rental of £150 per annum.

The second floor and basement flats have been sold on 99 year leases from 25 December 2002; the first floor flat has been sold on a lease from 14 December 2007 to 24 June 2181 and the ground floor flat has been sold on a 999 year lease from 25 December 2002.

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.