This freehold block comprises six flats, all sold under the terms of 125 year leases from 1st January 2007. Each flat pays a current ground rental of £150 per annum.
We understand the freeholder is responsible for the insurance and maintenance of the building recovering the costs from the leaseholders by way of a service charge.
Auctioneers Note
Section 5B Notices under the Landlord & Tenant Act 1987 (as amended) have been served and the leaseholders have not reserved their rights under the legislation.