**For Sale by Auction on 12th Dec 2012**A Freehold Ground Rent Investment Secured Upon Three Self-Contained Flats Producing a Combined Income of £150 per annum. Guide Price = £1,500+ Tenure Freehold
Location The property is situated in the popular residential area of Brighton close to local shops and restaurants. Transport links are provided by Brighton rail station. Description The property comprises a ground rent investment secured upon three self-contained flats within a mid terrace building arranged over lower ground, ground and two upper floors. Tenancy Schedule
Property
Terms of Tenancy
Current Annual Rent
Ground Floor Flat
99 years from 29th September 1995
£50
Flat 29A
99 years from 26th November 2002
Flat 29B
99 years from 30th May 2003
Total Current Rent Reserved £150 per annum Note S5(b) Notices have been served under the Landlord & Tenant Act 1987 and the leaseholders have reserved their rights
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