E403 Shrewbury Road & Salisbury Road, Market Drayton, Shropshire TF9

Fourteen Apartments in three modern two storey blocks

Sold on 150 year leases from 1st April 2018

At a combined (rising) ground rent of £6,986 per annum

The ground rents are reviewed every 10 years upward only

in line with RPI/HPI, whichever is greater

The Landlord insures and manages

Sum Insured: £1,680,000. Premium: £1,103.26Renewal Date: 15th May 2019

The Landlord owns everything above the ceilings, below the floors, the building envelope

and can Develop as they see fit.

Lessees cannot alter their premises without the written consent of the Landlord.

Section V Notices have not yet been served

Copy documents held: 2018 Service Charge Budget; Executed Lease; Management Contract; Insurance docs; OCE’s

Guide Price: £162,000