Lot 45: FREEHOLD GROUND RENTS

Sold £4,900

This detached property is arranged over two floors and comprises four self-contained purpose built flats with garages to the rear producing a ground rental of £120 per annum. Southview Gardens is situated in West Worthing between Tarring Road and the seafront close to local shops, amenities and the mainline railway station.

Flat 15 is sold on a 125 year lease from 25th December 1974 at a peppercorn ground rental. Flat 17 and 19 are sold on 125 year leases from 25th December 1974 at a ground rental of £40 each per annum. Flat 21 is sold on a 215 year lease from 25th December 1974 at a ground rental of £40.

Auctioneer’s Note

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