Property Summary

Detached freehold ground rent investment,the former Vicarage, arranged as three leasehold flats each with a car space.

Situation

The property is situated in central Petersfield.

Leases

Flat 1 - 189 year lease from 25th March 1983 - 188 years remaining
Flat 2 - 99 year lease from 2th March 1983 - 60 years remaining - a 1 Bedroom
Flat 3 - 160 year lease from 25th March 1983 - 121 years remaining

Ground Rents

Flat 1 - Peppercorn rent
Flat 2 - Current rent £100 per annum increasing every 33 years £50/£100/£150
Flat 3 - Current rent £100 per annum increasing by £100 every 25 years

Notices

Section 5B Notices Landlord & Tenant Act 1987 ( as amended ) have been served.

lot type

Ground Rents

type

On the instructions of Petersfield Methodist Church

Freehold ground rent investment producing £200 pa (rising) with 1 short lease with only 60 years remaining.

description

Detached freehold ground rent investment,the former Vicarage, arranged as three leasehold flats each with a car space.

Situation

The property is situated in central Petersfield.

Leases

Flat 1 - 189 year lease from 25th March 1983 - 188 years remaining
Flat 2 - 99 year lease from 2th March 1983 - 60 years remaining - a 1 Bedroom
Flat 3 - 160 year lease from 25th March 1983 - 121 years remaining

Ground Rents

Flat 1 - Peppercorn rent
Flat 2 - Current rent £100 per annum increasing every 33 years £50/£100/£150
Flat 3 - Current rent £100 per annum increasing by £100 every 25 years

Notices

Section 5B Notices Landlord & Tenant Act 1987 ( as amended ) have been served.