A purpose-built modern block of four flats and associated parking. Each flat has been sold on a long leasehold interest of 250 years from 1st January 2006. The current ground rent payable is £100 per annum per flat. The leases provide for the freeholder to arrange for maintenance, management and insurance of the building, recovering the costs from the leaseholders by way of a service charge.
The freehold ground rents and land are situated on the right hand side of Sir Charles Irving Close, just after the entrance to St James Primary School. The land is bordered by Hatherley Brook along its northern edge.
Auctioneers Note
Section 5B Notices under the Landlord and Tenant Act 1987 (as amended) have been served and the leaseholders have not reserved their rights under the legislation
Site Measurements
0.24 hectares (0.6 acres).