This property is a freehold block of 11 apartments in the town center of Freshwater, with surrounding land and car parking. The apartments are sold under 125-year leases from 2006, with a current ground rental of £100 per annum. The freeholder is responsible for the maintenance, management, and insurance of the building, and recovers costs from the leaseholders through a service charge. It's worth noting that Section 5B Notices have been served, allowing the freeholder to sell the property without the leaseholders' consent. The property is being sold subject to the Common Auction Conditions and Special Conditions of Sale.