Ten Apartments in a modern Development
sold on 999-year Leases from 1st July 2002
at a combined (fixed) ground rent of £1,000 per annum
The Landlord currently Insures, recovering premiums AS ADDITIONAL RENT
Sum Insured: £1,500,000. Premium: £1,038.33. Renewal: 30th April 2023
The Lease provides for a Lessee owned Management Company to be set up – which has never been arranged.
The Lessees cannot alter their premises without the written consent of the Landlord.
Section V Notices have not yet been served.
Copy documents: Executed Leases; Insurance Summary of Cover
Executor of Original Developer Selling
GUIDE PRICE £19,000