107 Queen's Gate, South Kensington, SW7 5AG

Freehold Ground Rents

Local Authority

Description

Situated off Old Brompton Road, close to local shopping/travelling facilities including South Kensington Tube Station (Circle, District and Piccadilly Lines). Hyde Park and Kensington Gardens are also nearby.

Freehold Ground Rents amounting to £2,850 per annum derived from Seventeen Self-Contained Flats each on a lease as follows:

Studio Flat. 199 years from 25th March 1983 at a ground rent of £150 per annum rising

Flat 1. 199 years from 25th March 1983 at a ground rent of £150 per annum rising.

Flat 2. 199 years from 25th March 1983 at a ground rent of £150 per annum rising.

Flat 3. 199 years from 25th March 1983 at a ground rent of £150 per annum rising.

Flat 4. 199 years from 25th March 1983 at a ground rent of £150 per annum rising.

Flat 5. 199 years from 25th March 1983 at a ground rent of £150 per annum rising.

Flat 5(A). 199 years from 25th March 1983 at a ground rent of £150 per annum rising.

Flat 7. 199 years from 25th March 1983 at a ground rent of £150 per annum rising.

Flat 8. 199 years from 25th March 1983 at a ground rent of £150 per annum rising.

Flat 9. 199 years from 25th March 1983 at a ground rent of £150 per annum rising.

Flat 10. 199 years from 25th March 1983 at a ground rent of £150 per annum rising.

Flat 11. 199 years from 25th March 1983 at a ground rent of £150 per annum rising.

Flat 12. 199 years from 25th March 1983 at a ground rent of £150 per annum rising.

Flat 13. 199 years from 25th March 1983 at a ground rent of £150 per annum rising.

Flat 14. 199 years from 25th March 1983 at a ground rent of £150 per annum rising.

Flat 15. 199 years from 25th March 1983 at a ground rent of £150 per annum rising.

Flat 16. 199 years from 25th March 1983 at a ground rent of £450 per annum rising.

In accordance with Section 5(B) of the Landlord and Tenant Act 1987 notices have been served on the lessees. The lessees have reserved their rights of first refusal.

Note: There is an air-conditioning license from Flat 5(A) that yields £500 per annum.

Producing: £3,350 per annum