E524: Cathedral Road, Riverside, Pontcanna, Cardiff West, Wales CF11
Eleven converted Apartments in this beautiful three storey Grade II listed detached corner Building extended at the rear with a sizeable rear garden
Sold on 125-year leases from 2021/2022at a combined (rising) ground rent £2,000 per annum
three at a peppercorn
Ground Rents are REVIEWED UPWARD ONLY TO RPI EVERY TEN YEARS with Time not of the Essence.
Sum Insured: £5,000,000. Premium: £9,956.24. Renewal Date: 20th March 2024.
The Leases Manage themselves.
Section V Notices need to be served.
Copy Documents held: Draft peppercorn Rent Lease; Schedule of Ground Rents; Insurance Summary of Cover; Freehold Title and Plan, Block Management Agreement, Apartment Valuations, Elevation Drawings
Original Developer Selling
GUIDE PRICE: £40,000