E727 Wood Lane, Hedingley, Leeds LS6

A new Development of Twenty Three Luxury Apartments and One Freehold House

in three Buildings

one an extended Period Conversion with two new sympathetic Blocks

to be sold on 250 year leases from 2022

at a combined (rising) ground rent of circa £7,500 per annum

being 0.1% of the Sale Value of each Demise

with the ground rents reviewed every ten years to RPI upward only with Time not of the Essence

The Landlord will Insure and Manage recovering all costs AS ADDITIONAL RENT

The Landlord will own everything above the ceilings, below the floors and the building envelopes

and will be able to Develop as they see fit.

The Lessees will not be able to alter their premises without the written consent of the Landlord.

The Purchaser will be required to exchange contracts in a timely manner to negate the need for Section V Notices completing after the granting of the last Lease,

an anticipated time scale of circa twenty months

Original Developer Selling


GUIDE PRICE £200,000