Nine converted Apartments
sold on 125 year leases from 29th September 2002
at a combined (rising) ground rent of £450 per annum
The ground rents double every twenty five years
THE GROUND RENT DOUBLES IN SIX YEARS
The Landlord Insures and manages and recovers all costs from the Lessees
Sum Insured: £xx. Premium: £2,904.55. Renewal: xx 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.
A survey has indicated a maintenance programme requirement in excess of £60,000
No Section 20 Report has been executed. There is £25,337.38 in the Service Charge Account
Section V Notices have not yet been served
Copy documents held electronically: Executed Lease; Survey Condition Report;
Office Copy Entry & Plan