London Borough of Redbridge. Situated off York Road in a popular residential area close to Ilford Town Centre with its shopping/travelling facilites including Ilford Rail Station. Freehold Ground Rents amounting to £150 per annum derived from Four Self-Contained Flats each on lease as follows:. Flat 1 – on lease for a term of 999 years from 24th June 1974 at a peppercorn ground rent. Flat 2 – on lease for a term of 189 years from 24th June 1974 at a ground rent of £50 per annum. Flat 3 – on lease for a term of 198 years from 24th June 1974 at a ground rent of £50 per annum. Flat 4 – on lease for a term of 99 years from 24th June 1974 at a ground rent of £50 per annum. Valuable reversion in approximately 53 years. In accordance with Section 5(B) of the Landlord and Tenant Act 1987, notices have been served on the lessees. The lessees have not reserved their rights of first refusal. ...