Land for Sale with Leasehold Rights in Kawagoe, Saitama
This property is a plot of land for sale with existing leasehold rights, located in the Ko-Semba-cho 1-chome area of Kawagoe City, Saitama Prefecture. The land area is 344.83 square meters (approximately 104.31 tsubo). The site is within walking distance of the Seibu Shinjuku Line's "Hon-Kawagoe" Station, providing convenient train access.
The property is subject to a general fixed-term land leasehold right (chintaishakuken). The lease term is 50 years from the date of property handover, with the remaining period indicated as approximately 49 years and 8 months until December 2075. The monthly ground rent is 44,332 yen. At the end of the lease term, the land must be returned as a vacant lot. The lease contract does not allow for a building buyout request, renewal, or extension through reconstruction. The leasehold rights can be transferred or subleased, but this requires the consent of the landowner.
Critical agent notes provide essential details. The property is located within a designated area containing buried cultural properties. A building replacement consent fee of 1,043,100 yen is required, subject to the landowner's approval. The road access details specify a single-sided road to the north, which is a public road with a width of 5.1 meters and a frontage of 17.7 meters; there is no designated building line position. The land is zoned as a Commercial District within the Urbanization Promotion Area, with a building coverage ratio of 80% and a floor area ratio of 400%. The current condition of the land includes an old house. The land shape is an elongated lot.