Two converted Apartments (the ground floor a 3 bed the first a 2 bed) in a Victorian Development
one sold on a 99-year Lease from 1st November 1987
one sold on a 156-year Lease from 2020
at a combined (rising) ground rent of £400 per annum.
One rising by £75 in 2054; one rising by £250 every 25 years.
ONE 2 bed LEASE WITH 63 YEARS TO RUN
The ground floor Apartment was sold in November 2020 for £705,000
The Landlord Insures, Manages and recovers all costs AS ADDITIONAL RENT
Sum Insured: £556,045. Premium: £2,198.40. Renewal: 28th February 2024.
The Landlord owns everything above the ceilings, below the floors and the building envelope.
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.
GUIDE PRICE £50,000