E735 Hawkeswell Drive, Kingswinford, West Midlands DY6

Eighteen Apartments in a Purpose-Built Development

on a substantial plot of land

originally sold on 99 year leases from 1st January 2001

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

The ground rents double every 33 years

with the next review in thirteen years’

Thirteen of the Lease have been extended, thus

FIVE Leases have 78 YEARS remaining.

A Lessee owned Management Company Manages the Development and Insures in the joint name of the Landlord and the Management Company in an Insurance Office approved by the Landlord.

The Landlord owns everything above the ceilings, below the floors and the building envelope

and can Develop as they see fit.

Section V Notices have not yet been served.

Copy documents held electronically: Executed Lease; List of Premium Extensions.

GUIDE PRICE: £20,000