Barons Court, Victoria Road, Worthing, BN11 1XT

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Property Summary
Description Purpose built 3 storey block built mid 1970's arranged as 9 x 1 bed flats and 1 garage, car parking spaces to the rear

Leases 2 flats (5&8) on short leases with 53 years remaining
Garage on short lease
Remaining flats all extended at varied terms, between 91-174 years remaining (4 at nil rent)

Ground Rent Income Short Leases; £30/£60/£70/£90/£115 rising every 21 years
Long Leases; £100/£200/£400/£800/£1600 rising every 21 years

Notes Full details of Terms/Rents, Leases and Office Copy Entries available upon request

Freeholder Manages and Insures

Offers Invited Subject to Section 5A Notices Landlord & Tenant Act 1987

private treaty - sale status

Under Offer 2022

type

Freehold Ground Rent Investment, producing £443pa

description
Description Purpose built 3 storey block built mid 1970's arranged as 9 x 1 bed flats and 1 garage, car parking spaces to the rear

Leases 2 flats (5&8) on short leases with 53 years remaining
Garage on short lease
Remaining flats all extended at varied terms, between 91-174 years remaining (4 at nil rent)

Ground Rent Income Short Leases; £30/£60/£70/£90/£115 rising every 21 years
Long Leases; £100/£200/£400/£800/£1600 rising every 21 years

Notes Full details of Terms/Rents, Leases and Office Copy Entries available upon request

Freeholder Manages and Insures

Offers Invited Subject to Section 5A Notices Landlord & Tenant Act 1987