10 & 10a Albert Road, Southend-on-Sea, Essex, SS1 2HF

FREEHOLD INVESTMENT

£8,000 Guide Price

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Key features

Lot number: 4

FREEHOLD INVESTMENT

£8,000 Guide Price

A Freehold investment secured against a Terraced building arranged as two self contained flats with Long Leases.

Accommodation

10 Albert Road: 99 year Lease commencing 29th September 1986. Ground Rent of £50pa for the first 33 years then £100pa for the next 33 years and £150pa for the remaining period.

10a Albert Road: 189 year Lease commencing 29th September 1986 and subject to a surrender and grant of a new Lease on the 24th August 2018. Peppercorn Ground Rent.

In accordance with the Landlord and Tenant Act 1987, Section 5(b) Notices have been served. .

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