Thirteen Apartments in a modern purpose-built Development
sold on 125-year leases from 1st October 2014
at a combined (rising) ground rent of £2,600 per annum
The Ground Rents double every twenty-five years.
Eighteen years to the next Review.
The Landlord Insures, Manages and recovers all costs AS ADDITIONAL RENT
Sum Insured: £5,096,247. Premium: £7,029.63. Renewal: 30th September 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
GUIDE PRICE £65,000