To sell, you as freehold reversioner need to proceed under LTA 1987. Lessees have a right of first refusal, although this would need BOTH of them to participate. You can otherwise sell privately or at auction, to anyone at all, BUT lessees must be served with a statutory Notice (under whichever section of LTA is applicable to your circumstances) so that they can decide whether or not to intercept sale.
Originally Posted by idc
First step: determine how much f/r is worth. Senior Member sglacy is good at these calculations!
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