Property Auctions - head leasehold

Auction date: Wed, 04/11/2020 - 10:00

A detached property converted to provide two self-contained flats. The ground floor flat has been sold on a 99 year lease, from 1st June 2011, at a current ground rental of £250 per annum and the upper flat has been sold on a 99 year lease, from 1st December 2018, at a ground rental of £250 per annum.

Auction date: Wed, 04/11/2020 - 10:00

An end-terrace property converted to provide two self-contained flats. The ground floor flat has been sold on a 99 year lease, from 29th September 1983, at a current ground rental of £60 per annum and the first/second floor flat has been sold on a 99 year lease, from 29th September 1982, at a current ground rental of £60 per annum.

Auction date: Wed, 04/11/2020 - 10:00

A purpose-built block of seven flats. Each flat is sold on a 125 year lease from 1st October 2011, at a peppercorn ground rent.

Auction date: Wed, 04/11/2020 - 10:00

Two self-contained flats, the ground floor flat having been sold on a 189 year lease, from 24th June 1985, at a peppercorn ground rent and the first floor flat has been sold on a 99 year lease, from 24th June 1985 at a ground rental of £100 per annum

Auction date: Wed, 04/11/2020 - 10:00

Held under a long lease for a term of 990 years from 1845, this building comprises four flats each sold on varying long lease terms. Currently let at £380 per annum

Auction date: Wed, 03/07/2019 - 12:00

Head Leasehold Ground Rents amounting to £600 per annum derived from Three Self-Contained Flats

Auction date: Wed, 03/07/2019 - 12:00

Head Leasehold Ground Rents amounting to £600 per annum derived from Three Self-Contained Flats

Auction date: Mon, 11/09/2017 - 11:00

Situated in the centre of Ventnor's popular Victorian town centre, the ground floor of this three-storey building has previously served a number of retail/office requirements but is offered vacant for re-letting by the new owner. The upper parts comprise two flats which have been sold on a long leasehold basis. The leases, both 125 years from 29th September 1995, provide for the freeholder to collect a ground rental of £50 per flat, per annum. The freeholder is also responsible for the insurance, maintenance and management of the building, recovering the costs from the leaseholders by way of a service charge.

Auction date: Mon, 11/09/2017 - 11:00

The head-leasehold interest in a recently completed development of five flats, each sold on a ground lease for a term of 125 years, from 4th February 2016. Flats 1, 2, 3 and 5 are at a current ground rental of £175 per annum, doubling every 25 years and Flat 4 is at a current ground rental of £225 per annum, also doubling every 25 years.

Auction date: Wed, 05/07/2017 - 12:00

Head Leasehold Ground Rents amounting to £1,150 per annum derived from Seven Self-Contained Flats and Three Shops on lease