Lot 2: FREEHOLD GROUND RENTS

Sold £38,000

A large property converted into four flats. Flat A has been sold on a 135 year Lease from 25th March 2004 at a ground rental of £296 per annum. Flat B has been sold on a 130 year Lease from 25th March 1998 at a ground rental of £280 per annum. Flat C has been sold on a 135 year Lease from 25th December 2000 at a ground rental of £280 per annum and Flat D has been sold on a 130 year Lease from 25th March 2006 at a ground rental of £990 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.