Harrington Gardens, London SW7 4JZ  Ground Rent investment (Acquired For Clients)

A 999 year overriding lease was created some time ago for each of these units . The under leases have the following years left.

For valuation purposed it is in within the “Prime London Area" a prime location with no responsibilities other than the reversionary value.

Flat A is a 2 bedroom unit with VP of £1.2/£1.5M               51 years remaining

Flat H is a studio circa £400k VP                                        51 years remaining

Flat E is a 2 bedroom unit £1.4M                                        103 years remaining

The Lessees own the Freehold and enfranchised a while back and the owner acted as the backer for these three non-participating Lessees. He has now sold his flat and has no interest in the building so wishes to dispose.flat A, 99 years from June 1975, ground rent 150 GBP rising to 225 I believe for the last 33 years and registered as BGL 94428 and the underlying lease is registered as NGL 278789.