- GRB UK - https://grbuk.com -

E231 St Leonards-On-Sea, East Sussex, TN38

The Freehold Reversionary Interest of five two bedroom recently converted Apartments

To be sold on 125 year leases from 2017

at a combined (rising) ground rent of £1,495 per annum  

THE GROUND RENTS WILL BE REVIEWED EVERY 5 YEARS IN LINE WITH RPI, UPWARD ONLY

The Landlord will insure and manage the building recovering costs by way of Service Charge from the Lessees.

ALL COSTS WILL BE RECOVERABLE AS ADDITIONAL RENT

The Development is situated in a very sought after location overlooking The Park

One flat sale has been agreed and the remaining four are expected to be swift

The Vendor is looking for a buyer to exchange contracts before selling half of the flats to negate the need for Section V Notices

The Purchaser of this Freehold Reversion will be invited to join in the drafting of the five new leases, under the strict arbitration of GRB.

Copy documents held: Office Copies; Floor Plans