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The leasehold of the garage comes with a £25 annual ground rent charge.
Nearby, far larger glamorous houseboats for rent charge near that amount for a single night's lodging.
However, the remarkably low '£1pcm' rent charge applies as long as the tenant meets the criteria of: "web/mobile developer graduate student".
But Andrew Heiberger, president of Citi Habitats, a Manhattan brokerage firm, said the fee is usually about 2percentt of the rent charge.
The freeholds are then sold on to private companies which extract the ground rent, charge high fees if a homeowner wishes to make alterations, and refuse to sell the freehold except for a huge premium.
He also recorded that the college received a rent charge of £476 and 8 shillings each year from the parish instead of receiving the tithes.
Similar(50)
The rent charged is comparable to that of other co-working outfits, tenants said.
■ Holland The rent charged depends on the number of "quality points" houses rack up.
Since the start of the 2012/13 financial year total extra rent charged has been £50m, not £70m.
The stores will offer about 20percentt of their titles for rent, charging 42.5percentt of the purchase price.
Stall holders claim back the value of the vouchers from the weekly rent charged for their pitch.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com