Fourteen Apartments in an almost completed Spectacular Conversion
sold on 150 year leases from 2021
at a combined (rising) ground rent of circa £3,500 per annum
The ground rents will be reviewed every ten years to RPI 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 envelope
being able to Develop as they see fit.
Lessees cannot 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.
Practical Completion of the Development is imminent.
Copy documents held electronically: Sample Lease from similar Development. Brochure.
Original Developer Selling
GUIDE PRICE £70,000