A freehold block of seven residential units, all sold on long leases, each with a current ground rent of £200 per annum. Flats 1, 3, 4 and 6 have each been sold on 125-year leases, from 25th December 2016; Flat 2 has been sold on a long lease from 11th November 2011 to 24th December 2130; Flat 5 has been sold on a 99-year lease from 25th December 2005 and Flat 7 (10A Grimston Avenue) has been sold on a 125-year lease from 31st March 2021.
Auctioneer's Note
Section 5B Notices under the Landlord & Tenant Act 1987 (as amended) have been served and the leaseholders have reserved their rights under the legislation.