The Head Lease Interest of Four ground floor converted Apartments
sold on 125-year leases from 2021
at a combined (rising) ground rent of £1,530 per annum
The ground rents are reviewed every ten years to RPI upward only with Time not of the Essence.
The Head Lease is for a Term of 999 years at a peppercorn.
The Occupational Leases are in the process of being drafted.
The Freeholder Insures and our Head Leaseholder Manages their part recovering all costs AS ADDITIONAL RENT
The Vendor is seeking a Purchaser that will Exchange Contracts in a timely manner to negate the need for Section V Notices.
Copy documents held electronically: Executed Head Lease; Draft Underlease.
Original Developer Selling
GUIDE PRICE £27,500