E483 Guys Cliffe Road Leamington Warwickshire

Four converted Apartments

Sold on 125 year leases from 29th September 2016

At a combined (rising) ground rent of £1,000 per annum

The ground rents double every 25 years

The Landlord insures, manages and recovers all costs from the Lessees AS ADDITIONAL RENT

Sum Insured: £714,150. Premium: £2,278.05 Renewal Date: 28th March 2019

The Landlord owns everything above the ceilings, including the loft space, 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 been served and the Lessees did not respond within their statutory time limit.

Copy documents held electronically: Four executed leases; planning consent; building sign off; Insurance Summary of Cover; specimen Section V Notice

 

BUYER MUST COMPLETE IN FEBRUARY

Original Developer Selling

Guide Price: £20,000 + GRB Fees