Penge London SE20 Ground Rent Reversion For Sale (SOLD)

• Freehold ground rent reversion being sold subject to 75 year leases
• Shop and upper parts converted into 3 flats sold on long leases
• 2 x 2 beds flats. 1 x 3 bed flat close to ameneties
• all flats originally sold on 99 year leases
• All leases have an unexpired term of 75 years
• Freehold is being offered for sale subject to the above leases
• Section 5 notices have already been served and leaseholders have not responded
• Total amount of ground rent paid annually of £600
• Landlord manages and insures and recovers from lessees
• Building required some works to the exterior and common parts
• Asking price £17,500

Penge London SE20 Ground Rents For Sale With Leases Of 75 Years