Block of Apartments for saleAdmiral House, Hospital Way, Lewisham, London SE13
- For sale by auction
- Ground Rent
Lot 73 - This lot is for sale by auction as lot 73 on 14th December 2017.
A Freehold Ground Rent Investment secured upon a Detached Purpose Built Block internally arranged to provide Seven Self-Contained Flats
Total Current Rent Reserved
£1,750 per annum (doubling every 33 years)
The property is situated on the east side of Hospital Way, to the south of its junction with Highfield Close. A range of shops and other facilities is available in Catford to the west, with the further and more extensive facilities of Lewisham also being easily accessible. Rail services run from Hither Green Station and the South Circular Road (A205) is to the south. The open spaces of Mountsfield Park are directly to the east.
The property comprises a ground rent investment secured upon a detached purpose built block arranged over ground and three upper floors beneath a pitched roof. The building is internally arranged to provide seven self-contained flats.
Each flat is held on a lease for a term of 125 years from 25th March 2011 (thus having approximately 119 years unexpired) at a current ground rent of £250 per annum (doubling every 33 years).
Rights of Pre-emption
The lessees have NOT elected to take up their rights of pre-emption under the terms of the Landlord and Tenant Act 1987.
Messrs Machins Solicitors LLP (Ref SS). Tel 01582 514000.Email firstname.lastname@example.org
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