Lot 57 - FREEHOLD GROUND RENT - 35 FLATS - £19,081.24 P.A. PLUS 8 VACANT PARKING SPACES
Address
Tannery House, 6 Deal Street, Spitalfields, London, E1 5AG, England
Auction date
10 Jul 2025
Guide price
£175,000
Type
Other
Tenure
Freehold
EPC Rating
Unknown
Auctioneer
Strettons
Description
A detached warehouse conversion block of 35 flats and parking over ground/lower ground. Located within this popular residential area east of Brick Lane, north of Whitechapel Road and ½ mile from Spitalfields Market.
35 Flats:Each flat is held on a 125 year lease from 25.03.1999 at a ground rent of £450 p.a. rising by £225 every 25 years.Parking Space 2:125 years from 2000 at a ground rent of £400 p.a. rising by £200 every 25 years.Parking Space 16:125 years from 2000 at a ground rent of £200 p.a. rising by £100 every 25 years.Parking Spaces 14 & 23:999 years from 2002 at a ground rent of £100 rising by £100 every 25 years.Parking Space 11:Let at £219.27 per month.
PRODUCING EQUIVALENT TO £19,081.24 P.A. PLUS 8 VACANT PARKING SPACES
1. We understand that one of the vacant spaces has recently been used as a bike store by the lessees without Landlord's consent.Auction Surveyor: Robert WoolfeContact: 020 8509 4408 robert.woolfe@strettons.co.uk
Last update: 22 Jun 2025
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