Lot 105 - 44, 46 & 48 High Street, Chipping Ongar, Essex, CM5 9AE
 
 

About the property

Freehold Ground Rents

Epping Forest District Council

Situated on the High Street, close to local shopping/travelling facilities and convenient for local road links including the M11 and M25 and is conveniently placed for neighbouring station Epping.

Freehold Ground Rents amounting to £565.75 per annum derived from a Detached Block of Three Self-Contained Flats each with a Parking Space each on a lease as follows:

44 High Street – on lease for a term of 99 years from 25th December 1970 at a ground rent of £15.75 per annum. Valuable reversion in approximately 49 years.

46 High Street – on lease for a term of 99 years from 25th December 2016 at a ground rent of £300 per annum.

48 High Street – on lease for a term of 99 years from 25th December 2006 at a ground rent of £250 per annum. Valuable reversion in approximately 85 years.

In accordance with Section 5(B) of the Landlord and Tenant Act 1987, notices have been served on the lessees.  The lessees have not reserved their rights of first refusal.

£45,000
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The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.

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