Twelve Apartments in a spectacular Development
above three Ground Floor Commercial Premises
the Apartments sold on 150 year leases from 2021
the Commercial Premises for 999 years from 2021
at a combined (rising) ground rent of £3,750 per annum
The ground rents are reviewed every ten years upward only to RPI with Time Not of the Essence
The Landlord Insures, Manages and recovers all costs due from the Lessees AS ADDITIONAL RENT
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.
The Purchaser is required to exchange Contracts in short order to negate the need to Serve Section V Notices and Complete on the granting of the twelfth Lease
GUIDE PRICE £75,000