Lot 53: FREEHOLD GROUND RENTS

Sold £5,500

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

Flat 39 is sold on a 215 year lease from 25th December 1974 at a current ground rental of £250 per annum. Flats 41 and 43 are each sold on 125 year leases from 25th December 1974 at a current ground rental of £40 each per annum. Flat 45 is sold on a 215 year lease from 25th December 1974 at a current ground rental of £40 per annum.

Auctioneer’s Note

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