Two converted Apartments in a Victorian Development
originally sold on 125-year leases from 1st July 1988
at a rising ground rent of £150 per annum
One is at a peppercorn.
The Rent is into its second review period and doubles every forty years.
ONE TWO BED LEASE WITH 90 YEARS LEFT TO RUN
The Landlord Insures, Manages and recovers all costs AS ADDITIONAL RENT
Sum Insured: £720,880. Premium: £3,349.40 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 to Lower ground Floor; Office Copy Entries & Plan.
GUIDE PRICE £12,000