GROUND RENT INVESTMENT
6 Week completion
Located in the heart of this extremely affluent north London suburb, opposite Hampstead Underground Station (Northern Line) and Hampstead High Street and amongst a variety of multiples such as Foxtons, Fired Earth, Zara Home, an Everyman Cinema along with a variety of Cafés and eateries.
Regent's Park and Primrose Hill are both located within 1¾ miles as well as Marble Arch being only 3 miles distant.
Forming part of this attractive corner building with an entrance from Holly Hill comprising 9 Self-Contained Flats planned on first, second, third and fourth floors as well as the lower ground floor.
VAT is NOT applicable to this Lot
Leasehold for a term of 125 years from 25th December 1990 (thus having approx. 97 ½ years unexpired) at a peppercorn ground rent.
Note 1: In accordance with Section 5B of the L & T Act 1987, Notices were served on the lessees and they have not reserved their rights of first refusal. This lot cannot be sold prior to the auction.
Note 2: The building was the local fire station having been built in 1873.