E771: Dunston Road, Dalston, London E8

Ten Apartments and Three Commercial Units in a Modern Development

the Apartments are sold on 125-year leases from 25th December 2009

the Commercial Units on 999-year Leases from 25th March 2010

at a combined (rising) ground rent of £4,300 per annum

Apartments at £350, Commercials originally at £150 with one varied to £500

The Apartment Ground Rents rise by £50 every 25 years

The Commercial Ground Rents are fixed throughout the Term.

 

The Landlord Insures, Manages and recovers all costs from the Lessees.

Sum Insured: £3,864,971. Premium: £4,343.88. Renewal: 15th September 2023

 

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

and can Develop as they see fit.

The Lessees cannot alter their premises without the written consent of the Landlord.

 

Section V Notices have not yet been served.

 

Copy documents held electronically: Executed Residential and Commercial Leases; Insurance Summary of Cover; Schedule of Ground Rents

 

Original Developer Selling

 

GUIDE PRICE £85,000