A large terraced property divided into four flats, each sold on a long ground lease.
Flat B is held under the original lease for a term of 99 years from 25th December 1986.
Flat A has a term of 149 years from 25th December 1986. Flat C has a term of 153 years from 25th December 1986. Flat D has a term of 157 years from 25th December 1986.
The ground rents for each flat are currently £100 per annum, rising to £150 per annum on 66th year anniversary of the ground leases.
Section 5(B) Notices under the Landlord & Tenant Act 1987 (as amended) have been served and the leaseholders have not reserved their rights under this legislation.