The Head Lease of Forty-three Apartments in a substantial seven storey Development
sold on 250-year under Leases commencing over nine months from 1st January 2019
at a combined (rising) ground rent of £15,050 per annum
The Ground Rents are reviewed every TEN years to RPI upward only with Time not of the Essence.
THE NEXT REVIEW IS IN LESS THAN SIX YEARS
The Head Lease on the first to seventh floors and part of the basement is held from the Freehold for a Term of 999 years from 6th November 2017 at a peppercorn.
(The Ground Floor is a Restaurant)
The Freeholder, not the Head Leaseholder Insures.
The Head Leasehold Landlord Manages and recovers costs from the Lessees.
Section V Notices have not yet been served.
Copy documents: Executed Lease; Executed under Lease.
Original Developer Selling
GUIDE PRICE £300,000