E479 Fairfield Road Bow London E3

Twenty Apartments in a modern five storey Development

Sixteen are sold on individual 150 year leases from 2017

Four are sold under one intervening lease of 150 years from 2017

At a combined (rising) ground rent of £8,400 per annum

The intervening lease ground rent of £1,800 is reviewed every ten years

The sixteen are reviewed every twenty one years

All to RPI upward only

With £1,800 being reviewed in eight years

The Landlord insures, manages and recovers all costs due from the Lessees as additional rent.

Sum Insured: £3,750,000. Premium: £8,041.07 Renewal Date: 20th December 2019

The Landlord owns everything above the ceilings, below the floors and 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 electronically: executed intervening lease; executed specimen individual lease; ground rent schedule

Original Developer Selling

Guide Price: £210,000