A semi-detached property divided into two flats, Flat 1 having been sold on a 99-year lease, from 24th June 1983, at a current ground rent of £50 per annum (initially £25 per annum, doubling every 25 years) and Flat 2 has been sold on a 125-year lease, from 24th June 2015, at a current ground rent of £100 per annum until 24th June 2040 (doubling every 25 years).
Auctioneer's Note
Section 5B Notices under the Landlord & Tenant Act 1987 (as amended) have been served on the leaseholders who have not reserved their rights under the legislation.