E921: Albert Road, South Norwood, London SE25
Three Apartments in an early twentieth Century end of terrace
originally sold on 99-year Leases from 24th June 1973
at a combined (rising) ground rent of £60 per annum
Two of the Lease Terms have been extended at a peppercorn.
The remaining Ground Rent of £30 increases by £30 every 33 years.
ONE LEASE WITH 49 YEARS LEFT TO RUN
The Lessees Insure in the joint names of the Landlord and Manage.
The Landlord owns everything above the ceilings, below the floors and the building envelope
and can Develop as they see fit.
Section V Notices have not yet been served.
Copy documents: Executed Lease.
GUIDE PRICE £70,000