Flat

Flat 4 has approximately 61 years remaining on its lease, which is secured against a building comprising 4 flats on leases. The other three flats have 151-year remaining lease terms, while the individual leases for all four flats are as follows: Flat 1 has 189 years remaining from June 1988, Flat 2 has 189 years remaining from June 1988, Flat 3 has 189 years remaining from June 1988, and Flat 4 has a remainder of 39 years of its initial 99-year lease from June 1988. The building is a freehold interest divided into shares, with this sale being a one-third share.