This property is subject to a Tyneside Lease whereby the ground floor flat (Flat 1) is the registered Freeholder of the first floor flat (Flat 2) and vice versa. Flat 2 has a 999 year lease from 22nd July 1996. There is a peppercorn Ground Rent and no annual service charge. There is no formal management arrangement in place for the building; any required works are to be agreed and costs split between the two flats.

Conveniently located on the corner of Mantle Street and Champford Lane, the property is ideally located within a short walk of the town centre yet with equal ease of access to the Wellington by-pass which in turn leads to Junction 26 of the M5 motorway located just outside the town. Wellington itself boasts a range of independently run shops and larger national stores to include the well renowned Waitrose. The town also benefits from a range of educational and leisure facilities to include a Sport Centre with its own swimming pool and local cinema. There is also a regular bus service to outlying villages and to the County Town of Taunton which is approximately 7 miles distant with its main line railway station.

From our office proceed to the Wellington town centre proceed in the Exeter direction into Fore Street which becomes Mantle Street. Pass the Wellesley Cinema on the left and take the second turning left into Champford Lane where the property will be found on the right hand side as indicated by our For Sale board.