Land for sale in Lichfield WS13, 0 Bedroom

Guide Price = £75,000 - £80,000

Property for auction on 18th September at 11:00 Property Description:
A valuable freehold ground rent investment secured on eight purpose built flats contained within a two storey development prominently situated at the junction of Garrick Close and Garrick Road and and set within well maintained lawned gardens. We understand each flat has two bedrooms and in addition, each flat benefits from a lock up garage located in a garage yard to the southern section of Garrick Close.
Each flat is subject to a long lease as follows:

Viewings:
Not Applicable

Legal Documents:
Available at

3 Columns
Column 1Column 2Column 3Flat NumberTerm of LeaseAnnual Ground Rent 219.9.2014 to 28.9.2153Peppercorn423.1.2008 to 28.9.2153£50 rising in 2038 to £100, rising in 2068 to £150, rising in 2098 to £200, rising in 2128 to £250 for the remainder of the term699 Years from 29.9.1964£15 per annum899 Years from 29.9.1964£15 per annum1099 Years from 29.9.1964£15 per annum1222.1.2014 to 29.9.2153£50 rising in 2038 to £100, rising in 2068 to £150, rising in 2098 to £200, rising in 2128 to £250 for the remainder of the term1499 Years from 29.9.1964£15 per annum1612.2.2004 to 28.9.2153£50 rising in 2038 to £100, rising in 2068 to £150, rising in 2098 to £200, rising in 2128 to £250 for the remainder of the term
Note: Notices under section 5 and 5b of the landlord and tenant act 1987 have been served on all lessees a copy of which will be contained in the legal pack