FREEHOLD INVESTMENT
£16,000 Guide Price
A Freehold investment secured against a Mid Terrace building arranged as two self contained flats with Long Leases.
Accommodation
591 London Road - Ground Floor Flat
125 year Lease commencing 28th January 2022. Ground Rent of £250 per annum subject to an increase in line with RPI on every 10 year anniversary.
591a London Road - First Floor Flat
99 year Lease commencing 1st January 1987. Ground Rent of £50 per annum for the first 33 years, £100 per annum for the second 33 years and £150 per annum for the remaining 33 years.
AUCTIONEERS NOTE
In accordance with the Landlord and Tenant Act, Section 5(b) Notices have been served to the Leaseholders.
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