E831: Leathwaite Road, Battersea, London SW11

Four converted Apartments in a Period Property

sold on 125-year Leases from 25th March 1988

at a combined (rising) ground rent of £800 per annum

The original Rents, in their second Review Period, rise by £100 every 25 years.

 

FOUR LEASES WITH 91 YEARS LEFT TO RUN

 

The Landlord Insures, Manages and recovers all costs AS ADDITIONAL RENT at 10% of late dues.

Sum Insured: £1,278,229. Premium: £3,378.56. Renewal: 28th February 2023

 

The Lessees cannot alter their premises without the written consent of the Landlord.

 

Section V Notices have not yet been served.

 

The Vendor is seeking a Purchaser that will Exchange Contracts in a timely manner to negate the need for Section V Notices.

 

Copy documents: Executed Lease; Office Copy Entries and Plan.

 

GUIDE PRICE £30,000