E493 Parkfield Road, Worthing, West Sussex BN13
Twenty two Apartments in a delightful modern Development
sold on 125 year leases from 2019
at a combined (rising) ground rent of £3,750 per annum
The ground rents are reviewed every fifteen years upward only to RPI
The Landlord Insures, Manages and recovers all costs due from the Lessees AS ADDITIONAL RENT
Sum Insured: £3,450,000. Premium: £4,815.99. Renewal: 6th March 2020
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: Draft Lease; Insurance Summary of Cover; Ground Rent Schedule
GUIDE PRICE £86,250