G158: Grays Inn Road, Bloomsbury South, London, WC1X


Company Sale Available




Four Apartments above a Commercial Unit in a five storey late Victorian Corner Development.


The four Apartments (one on each floor) are sold on 125-year leases from 25th June 1999

at a combined ground rent of £2,000 per annum.

 increasing by £250 per flat every twenty-five years, now into the second review.


The Commercial Clothing Retailer Unit is sold on a 999-year lease from 2009

at a fixed rent of £250 per annum.


THIS FREEHOLD is producing a combined (predominantly rising) ground rent of £2,250 per annum.


 This unit occupies more than 25% of the floor space, thus the Leaseholders cannot enfranchise.


The Landlord Insures, Manages and recovers costs as ADDITIONAL RENT.

Sum Insured: £2,623,973; Premium: £3,460.59. Renewal Date: 26th June 2024.


The Lessees cannot make any alterations without the prior written consent of the Landlord.


The Vendor has advised GRB that there are no significant arrears.


Section V Notices are not required if the Company is acquired


GUIDE PRICE: £55,000


Copy documents held:

Executed Apartment Lease,

Executed commercial Lease.

Insurance Summary of Cover plus Policy Wording;

OCE Title & Plan.

Mem & Arts of Company.

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