RENT ROLL OF £50,000
130 ACRES OF LONDON PROPERTY . i TO BE SOLD. ■■■■_! Lord Alington's- Hoxton estate of 130 ;,! acres in Central London, with a rent j roll of .£50,726 a year, secured by blocks ' of property with street frontages aggre- i gating thirteen miles, is to be offered for -i eala by auction this month. ■( Tho area, practically in.:the heart of 1 London, is the largest portion of the j east or central districts ever offered at ' one Kile. The southern fringe of the ; estate, in Old Street, is just over, three- ; quarters of a mile from tho Bank of England and about a mile from St. ..[ Paul's Cathedral. It is bounded on the ■'; north by the Regent's Canal, on the ■) west by "City Road, and on. the cast by t KingslanU Road, while tho New Aorth ! Road cuts through the centre oE the .; whole. _■■: '.■.'.! Tlie auctioneers, Messrs. luught, j Frank, and Rntley, states that about . j 2500 houses, shops', warehouses, wharves, . i factories, mills, publichouses, several- j places of worship, a mission hall, and j a kinematograph are situated on the «S' ; tate. Small houses form the bulk of tho j property. The income of the estate 19 j derived principally from freehold ground j rents, and there are "numerous valiv -j able reversions between the years 1917 j and 2012 to Tack rentals, now estimated ! to amount to per annum.'- I
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Dominion, Volume 10, Issue 3184, 7 September 1917, Page 5
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234RENT ROLL OF £50,000 Dominion, Volume 10, Issue 3184, 7 September 1917, Page 5
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