Two Maisonettes in a modern Development
originally sold on 99-year Leases from 29th September 1960
at a combined (rising) ground rent of £110.50 per annum
One Lease is extended to 144 years from 1st January 2003 at a Ground Rent of £100 per annum.
The earlier Ground Rent is fixed, the later £100 Ground Rent rises by another £100 every 25 years
ONE GROUND FLOOR TWO BED LEASE WITH 37 YEARS LEFT TO RUN.
The Landlord Insures recovering the Premium AS ADDITIONAL RENT
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: Two Executed Leases.
GUIDE PRICE £40,000