Sep
15

Freehold – what’s it worth?

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Hi, There is a block of 12 residential flats in a small town in West Sussex. They had Ninety-Nine-year leases granted in 1979 with a ground rent of £15 pa, increased in 2009 to £30 pa with another increase in 2039 to £60 pa until the expiry of leases in 2078.

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