Six Apartments in a modern Development
sold on 125 year leases from 2021
at a combined (rising) ground rent of circa £1,700 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 owns everything above the ceilings, below the floors and the building envelope,
and is be able to Develop as they see fit.
The Lessees are not able to alter their premises without the written consent of the Landlord.
Section V Notices have not yet been served.
Copy Documents held: Draft Precedent Lease.
GUIDE PRICE £42,500