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Lot: 3 - LAND AND FREEHOLD GROUND RENT INVESTMENT - Front view of Ground Rent InvestmentLot: 3 - LAND AND FREEHOLD GROUND RENT INVESTMENT -
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Lot 3 Land And Freehold Ground Rent InvestmentAuction Date:
6th February 2025

Ground Rents, 19-22 Sir Charles Irving Close, Cheltenham, Gloucestershire, GL50 2DS

£12,000

Currently let at £400 per annum

Category Ground Rents
Tenure Freehold

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.

Auctioneer’s Note 1

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.

Auctioneer’s Note 2

The seller was notified that part of the embankment began to show signs of landslip and requires repair and maintenance. The buyer is deemed to be purchasing the land with full knowledge of this (for which the seller accepts no liability) and must rely on their own inspection and enquiries in this regard. Further information will be included within the legal documentation which will be available to download from the Clive Emson website

Site Measurements

0.24 hectares (0.6 acres).



Ground Rents, 19-22 Sir Charles Irving Close, Cheltenham, Gloucestershire


There is an addendum available to be read
in conjunction with the legal documentation.

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