Thirteen converted Apartments in an historic Building
sold on 125 year leases from 1st January 2017
at a combined ground rent of £1,947.50 per annum
with the ground rents doubling every 25 years
The Landlord Insures, Manages and recovers all costs due from the Lessees AS ADDITIONAL RENT
Sum Insured: £3,189,125. Premium: £2,796.20. Renewal: 24th 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: Executed Lease; ground rent schedule;
Picture Gallery Displaying the Development
Original Developer Selling
£50,000 + GRB Fees