FREEHOLD, GROUND RENT INVESTMENT
£47,500 Guide Price
A Freehold investment secured against a Terraced building arranged as two self-contained flats with Long Leases.
Accommodation
A Freehold Investment comprising two flats within a Terraced building, all with Long Leases
Ground Floor flat: Lease commencing 25th June 1986 for a period of 99 years. Ground Rent of £50 per annum for the first 33 years, £100 per annum for the next 33 years and £150 per annum for the remaining 33 years.
First Floor Flat: Lease commencing 25th June 1986 for a period of 99 years. Ground Rent of £50 per annum for the first 33 years, £100 per annum for the next 33 years and £150 per annum for the remaining 33 years.
Thus producing £200 per annum, rising.
AUCTIONEERS NOTE: In accordance with the Landlord and Tenant Act, Section 5 (b) Notices have been served to the Lessees.
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