A freehold end-terrace block comprising three self-contained flats each sold on a long lease. Flat 1, has the remainder of a 125-year lease, from 14th March 2017; Flat 2, has the remainder of a 125-year lease, from 13th December 2018 and Flat 3 has the remainder of a 120-year lease, from 31st March 2021, all at a current ground rental of £100 per annum, each.
In addition to the flats and included with the freehold is a basement area and sunroom at the rear of the property. It is considered that the sunroom may be ideal for a small office/workshop with additional storage in the basement subject to all necessary consents being obtainable. Interested applicants are advised to make their own enquiries with the local planning authority.
Local Planning Authority
Rother District Council. Tel: 01424 787000 Website: rother.gov.uk.
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.