PROPERTY AUCTION SALE

LOT No: 20Freehold Ground Rent InvestmentFlats 1 – 12 & 14 Holborn HouseHigh HolbornSedgleyWest Midlands, DY3 1SRStatusDescriptionTenure/Lease DetailsFreehold Ground Rent Investment.Thirteen private residential flats.Freehold.Each flat is subject to a lease for a term of 150 years from1/1/2006. The unexpired terms are therefore approximately 148+years.The ground rent pattern for each flat is:£100 per annum per flat for the first 50 years£200 per annum per flat for the next 50 years£400 per annum per flat for the final 50 yearsLocationVendor's SolicitorGeneral NoteHolborn House lies on High Holborn which can be approachedfrom Dudley Road (A459) or Tipton Street (A457).Higgs & Sons (Mr N.Stockall)PO Box 15Blythe House134 High StreetBrierley HillWest Midlands, DY5 3BGTel: 01384 342100The purchaser is to make a contribution of £250 plus VAT towardsthe vendor's legal costs.Tel: 0121 665 4150PENNYCUICKC O L L I N SIncorporating Ralphs& JanesGUIDEPRICESALEPRICE££20,000