Lot 40
Freehold Ground Rent Investment
6 Week Completion
Situation
Occupying a prominent position close to the junction of Highgate Road and Fortess Road, amongst a variety of boutique and independent retailers and eateries, all serving this affluent residential suburb.
The property lies only a few minutes' walk from Kentish Town Station (National Rail and Northern Line) with its multiple shopping facilities, whilst being within 3 miles of the West End.
Property
A substantial modern building comprising 33 Self-Contained Flats planned on first, second, third, fourth and fifth floors, a Ground Floor Supermarket and a Ground Floor Shop. The property also includes an Electricity Transformer Chamber.
VAT is NOT applicable to this Lot
Freehold
Note 1: In accordance with section 5B of the Landlord & Tenant Act 1987, Notices have been 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 Freeholder currently appoints the Managing Agents and insures - current sum insured is £7,575,928 and the current premium is £13,536.36. p. a.