Freehold Grount Rent For Sale in a Central Winchester Location
A large end of terrace building converted into three self-contained flats, each sold on a ground lease for a term of 125 years from 1st of January 2016 at a ground rental of £250.00 per Annum, rising throughout the term.
Ground Rent Increase As Follows: £250,00 until 31st of December 2040 rising to £500.00 until 31st of December 2065 rising to £750.00 until 31st of December 2090, rising to £1000.00 for trhe remainder of the term.
The leases provide for the freeholder to arrange the maintenance, management and insurance of the building recovering the cost from the leaseholders by way of a service charge.
Please Note: Section 5(b) Notices under the Landlord & Tenant Act 1987 have not been served.
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