Property description
**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
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 | £50 |
| Flat 29B | 99 years from 30th May 2003 | £50 |
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