Twelve two-bed Apartments in a modern flat roof block
sold on 125-year Leases from 1st June 2014
at a combined (rising) ground rent of £3,578.60 per annum
Eleven of the Rents are REVIEWED ANNUALLY upward only to the Halifax House Price Index
One Rent is fixed at £250 per annum HAVING BEEN VARIED AT A SIGNIFICANT PREMIUM.
A Lessee owned Management Company Insures (in joint name of Landlord) and Manages the Estate.
The Landlord owns everything above the ceilings, below the floors and the building envelope
The Lessees cannot alter their premises without the consent of the Landlord.
Section V Notices have not yet been served.
Copy documents: Draft Lease; Lease Variation; Ground Rent Schedule; Office Copy Entries.
GUIDE PRICE £90,000