Five Converted Apartments in a end of terrace halls adjoining Development
sold on 100 year leases from 29th September 2015
at a combined (rising) ground rent of £1,250 per annum
Each ground rent increases by £250 per annum every 25 years
The Landlord Insures, Manages and recovers all costs due from the Lessees AS ADDITIONAL RENT
Sum Insured: £580,000. Renewal: 8th May 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 consent of the Landlord.
Section V Notices have not yet been served
Copy documents held electronically: Executed Lease, 2019 Service Charge Budget
GUIDE PRICE £27,500