Ferme Park Road, London, N4 4ED

Freehold Ground Rents Description London Borough of Haringey Situated off Stapleton Hall Road in a popular residential area close to local shopping/travelling facilities including Crouch Hill Rail Station. Freehold Ground Rents amounting to £550 per annum derived from Four Self-Contained Flats . Flat A is on lease for a term of 125 years from 25th December 1982 at a ground rent of £125 per annum rising at 25 year intervals to £175 per annum, £225 per annum, £275 per annum and £325 per annum for the remainder of the term. Valuable reversion in approximately 86 years. Flat B, C and D are each on lease for a term of 125 years from 25th December 1982 at a ground rent of £75 per annum, rising at 25 year intervals to £125 per annum, £175 per annum, £225 per annum and £275 per annum for the remainder of the term. Valuable reversion in approximately 86 years. 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.