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

Original Developer

Selling

 

GUIDE PRICE £86,250