The Headleasehold Interest of forty four one bedroom purpose built Apartments on the second and third floors in the heart of Waltham Cross
Sold on 125 year leases from 2016
At a combined (rising) ground rent income of £9,900 per annum
Twenty two of the ground rents double (19 every 50yrs & 3 every 20yrs)
One ground rent is reviewed every 20 years in line with RPI
Twenty one of the flats have not yet exchanged so the rent review will be subject to the Lessees.
The Landlord covenants to insure and manage recovering costs by way of Service Charge from the Lessees.
The property benefits from a part-time concierge; fully tiled entrance lobby; lift serving each floor
Copy documents held: Draft Underlease; 2 x Office Copy Entries; Company Details; Certificate of Incorporation; Apartment Marketing Brochure.
ORIGINAL DEVELOPER SELLING