E673: Hodford Place, Hodford Road, Golders Green, London NW11

Fifteen Purpose-Built Apartments in a detached 2019 development

at a combined (rising) ground rent income of £4,250 per annum.

Eight original leases the Developer sold on 125 year Leases from 1st January 2018

with the ground rents reviewed every 20 years to RPI

(paying a combined ground rent of £2,500 per annum).

The remaining seven leases the Receiver sold on 250 year Leases from 2020

with the ground rents reviewed every 25 years to RPI

(paying a combined ground rent of £1,750 per annum)

An RTM is in place with  the Landlord currently Insuring.

Sum Insured: £4,050,000. Premium: £5,201.13; TBC. Renewal: 25th April 2022

The Landlord owns everything above the ceilings, below the floors and 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 not yet been served

Copy documents held electronically: Two Executed Leases; Architects Documentation; OCE’s; RTM Notice; Ground Rent Schedule; Fire Risk Assessment; Insurance Summary of Cover

GUIDE PRICE £89,500