E830: Mountgrove Road, Highbury, Islington, North London. N5

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