E785: Gunnersbury Ave, Ealing, London W5

Nine converted Apartments in a three storey Development

sold on 999 year leases from 1st December 2021

at a combined (rising) ground rent of £4,500 per annum

The Ground Rents are reviewed every 25 years to RPI upward only with Time not of the Essence.

 

The Landlord Insures and Manages and recovers all costs AS ADDITIONAL RENT

Sum Insured: £1,730,175. Premium: £2,352.97. Renewal: 21st June 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.

Practical Completion is done.

 

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: Proposed Lease; Insurance Summary of Cover

 

Original Developer

Selling

 

GUIDE PRICE £110,000