Forty-One Apartments in a Purpose Built five storey Development
sold on 250 year leases from 25th June 2020
at a combined (rising) ground rent of £10,250 per annum
The ground rents are reviewed every ten years to RPI upward only.
The Landlord Insures and Manages and recovers all costs.
Sum Insured: £4,000,000. Premium: £6,262.08. Renewal: 18th August 2022
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 Lease; Insurance Summary of Cover.
Original Developer Selling
GUIDE PRICE £205,000