Property Summary

Freehold as 2 units
Upper Maisonette 67 years remaining
Lower Flat 94 years remaining
Current gound rent £200pa rising
Section 5A Notice served and expired

Leases LGFF - 99 years from April 2019 - 94 years remaining
Upper Maisonette - 99 years from 25 May 1990 - 67 years remaining

Ground Rent LGF - £100 until 31/3/2027 then £150 until 31/3/2037 thereafter rising by £50 every 10 years
Upper Maisonette - £50/£100/£150/£200 rising every 10 years

Section 5A Notices Section 5A Notice has been served 10 November 2021 and expired 7 January 2022. The lessees did not take up their rights.

Note A Section 20 Notice has been recently served for roof repairs and external redecoration

private treaty - sale status

Offers invited

type

Freehold Ground Rent Investment for Sale

description

Freehold as 2 units
Upper Maisonette 67 years remaining
Lower Flat 94 years remaining
Current gound rent £200pa rising
Section 5A Notice served and expired

Leases LGFF - 99 years from April 2019 - 94 years remaining
Upper Maisonette - 99 years from 25 May 1990 - 67 years remaining

Ground Rent LGF - £100 until 31/3/2027 then £150 until 31/3/2037 thereafter rising by £50 every 10 years
Upper Maisonette - £50/£100/£150/£200 rising every 10 years

Section 5A Notices Section 5A Notice has been served 10 November 2021 and expired 7 January 2022. The lessees did not take up their rights.

Note A Section 20 Notice has been recently served for roof repairs and external redecoration