Islington Ground Rent For Sale 7 Flats (SOLD)

• 65 Graham Street / 77-79 City Garden Row, Islington, London N1 8LA / N1 8E
• Converted corner site pub with 7 two bedroom flats – photo attached for your reference.
• The two ground floor flats are held on 125 year leases from 2007 with rising ground rents (currently £250 ground rent per annum each).
• The upper parts are held by a separate head lessee on a 999 year lease from 1997 with a peppercorn ground rent.
• Total ground rent income of £500 per annum.
• Current buildings insurance premium circa £3,300 per annum and maintenance is done on an as and when basis.
• Asking £12,500
• SOLD

Islington Ground Rent Sale  Acquired For Clienbts