E875: Great North Road, St Neots, Cambridgeshire PE19

Four Apartments in a modern Development

sold on 125-year Leases from 2017 (x2); 2018 & 2019

at a combined (rising) ground rent of £780 per annum

The Ground Rents double every twenty-five years.

 

The Landlord Insures, Manages and recovers all costs AS ADDITIONAL RENT

Sum Insured: £689,585. Premium: £941.37 (part of year thus pro-rata), Renewal: 25th December 2022

 

The Landlord owns everything above the ceilings, below the floors and the building envelope

and can Develop as they see fit.

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

 

Section V Notices have been served. The Lessees did not respond with the Statutory Time Limit.

 

Copy documents: Executed Lease; Insurance Summary of Cover; Office Copy Entries

 

GUIDE PRICE £15,550 + GRB Fees