Lot 151 - 193 Southgate Road, Islington, N1 3LE

In Same Ownership for approximately 37 Years London Borough Of Islington Situated in a popular residential area close to local shopping/travelling facilities including Canonbury Overground Station. Freehold Ground Rents amounting to £500 per annum derived from Three Self Contained Flats each on lease as follows: Flat A . 125 years from 18th September 2014 at a ground rent of £150 per annum rising to £350 per annum. Flat B . 125 years from 11th October 2013 at a ground rent of £150 per annum rising to £350 per annum. Flat C . 125 years from 25th March 1987 at a ground rent of £200 per annum rising to £300 per annum. 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.