Five Apartments in a detached corner Development
sold on 125-year leases from 29th September 2012
at a combined (rising) ground rent of £500 per annum
The Ground Rents double every twenty-five years
THE GROUND RENT DOUBLES IN FIFTEEN YEARS.
The is a Lessee owned and controlled Right To Manage Company in place.
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: Executed Lease; Office Copy Entry and Plan.
GUIDE PRICE £12,000