Lot 48: FREEHOLD GROUND RENTS

Sold £6,500

This detached freehold two storey property is arranged as four self-contained purpose built flats with garages to the rear. The property is located between the seafront and Tarring Road in West Worthing and is within easy access of local shops, amenities and the mainline railway station.

Flat 23 is sold on a 125 year lease from 25th December 1974 at a peppercorn ground rental. Flats 25 and 27 are sold on 125 year leases from 25th December 1974 at a ground rental of £40 each per annum. Flat 29 is sold on a 215 year lease from 25th December 1974 at a ground rental of £40 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.