Garage detail - is one of these basically worthless?
"No 1 has a 99 year lease starting in October 1974 so it has 53 years remaining.
No 2 has a 999 year lease starting approximately 30 years ago in line with the flat leases so has approximately 969 years to run."
Unless you can get a legal agreement to extend the lease into the contract, then the first is worth roughly what you'd rent it for? But would also be really hard to sell on if/when you did want to move on with that lease.
Garage detail - is one of these basically worthless?
"No 1 has a 99 year lease starting in October 1974 so it has 53 years remaining.
No 2 has a 999 year lease starting approximately 30 years ago in line with the flat leases so has approximately 969 years to run."