E571: Felsham Road, Putney, Wandsworth, London SW15

Ten Purpose-built Apartments and two Ground Floor Commercial Premises in a modern detached development

sold on 999-year leases from 2009

At a combined (rising) ground rent of £3,600 per annum

The ground rents double every 25 years until 2109

 

The Lessee Owned Management Company manages the development

The Landlord Insures .

Sum Insured £1,267,678; Premium £4,210.99 (based on 10 months cover); Renewal Date 1st January 2021

The Landlord owns everything above the ceilings, below the floors, the building envelope and can develop as they see fit

The 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: Executed Lease, Insurance Schedule; Office Copies; Service Charge Budget.

Original Developer Selling

GUIDE PRICE £78,000