Six Apartments of a converted House
originally sold on 99-year Leases from September 1986
at a combined (rising) ground rent of £525 per annum
Four of the Leases are now 125 years from 2010 with their Rents doubling every twenty-five years
£425 GROUND RENT DOUBLES IN THIRTEEN YEARS.
TWO LEASES HAVE 63 YEARS LEFT TO RUN
The Landlord Insures, Manages and recovers all costs
Sum Insured: £1,149,163. Premium: £1,681.94. Renewal: 31st October 2022
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 Original Lease; Executed New Lease; Insurance Summary of Cover
GUIDE PRICE £40,000