This property consists of freehold ground rents amounting to £1,200 per annum, deriving from four self-contained flats. Each flat is on a lease with terms of 99 years starting from January 1, 2019. The ground rent is initially £300 per year, increasing to £600 for the next 33 years and then to £900 for the remaining term.

Note: The freeholder holds the right to manage and insure the property, and lessees have elected to take up their rights of pre-emption under the Landlord and Tenant Act 1987.