This property is a freehold reversionary ground rent investment that is set to revert in 39 years, in June 2064. The property is a lock-up garage with a front forecourt area, and the current ground rent is £4 per annum. The property is non-residential, meaning the pre-emptive rights for a leaseholder under the Landlord and Tenant Act do not apply. The guide price is intended to provide an indication of the region at which the reserve may be set, and is subject to variation. The buyer will need to pay a contract documentation fee of £1,500 (inclusive of VAT) and may also be required to pay additional fees upon completion, if applicable.