E924: Newport Road, Cowes, Isle of Wight PO31
Fourteen Apartments in a modern Development
sold on 125-year Leases from 25th December 2007
at a combined (rising) ground rent of £2,800 per annum
The Ground Rents rise by £100 every 25 years
THE NEXT REVIEW IS IN TEN YEARS.
The Landlord Insures, Manages and recovers all costs 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: Executed Lease.
GUIDE PRICE £56,000 plus GRB Fees
