E845: The Millfields, Plymouth, Devon.

Forty-Six Apartments in a spectacular Development of four Blocks

sold on four 999-year Leases from 2016 to 2019

each to a Lessee owned Management Company

at a combined (fixed) ground rent of £11,500 per annum

 

The Landlord Insures and recovers premiums AS ADDITIONAL RENT

Sum Insured: £5,541,426. Premium: £35,111.38. Renewal: 6th February 2023

The Four Management Companies Manage their own Blocks with contributions to the Estate.

 

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

Section V Notices are not required as these are non-qualifying buildings.

 

Copy documents: Four Executed Leases; Insurance Summary of Cover

 

GUIDE PRICE £230,000