E913: Surbiton Hill Park, Surbiton, Greater London KT5

Twelve Apartments in a Purpose-Built Development

originally sold on 99-year Leases from 25th March 1987

at a combined (rising) ground rent of £1,200 per annum

The original Ground Rents start at £50 per annum rising by £50 every 33 years

 

FIVE LEASES WITH 64 YEARS LEFT TO RUN

ONE LEASE WITH 90 YEARS LEFT TO RUN

Two at a peppercorn

 

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

Sum Insured: £2,448,692. Premium: £8,788.47. Renewal: 15th August 2023

 

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 not yet been served.

 

Copy documents: Four Executed Leases; Insurance Summary of Cover; Ground Rent Schedule; Two Deeds of Surrender & Regrant

 

GUIDE PRICE £110,000