Four Apartments in a purpose-built Development
sold on 125-year leases from 1st January 2013
at a combined (rising) ground rent of £1,000 per annum
The Ground Rents rises by £250 every 25 years
The Landlord Insures, Manages and recovers all costs AS ADDITIONAL RENT
Sum Insured: £618,000. Premium: £648. Renewal: 12th January 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 £25,000