Five Apartments in a converted Development
sold on 125-year Leases, three from 1st January 2002, two from 1st January 2012
at a combined (rising) ground rent of £550 per annum
Three of the Ground Rents (of £50) rise by £50 every 25 years
Increasing by £150 in January 2027
Two of the Ground Rents (of £200) double every 25 years.
A Lessee owned Management Company Manages the Development (RTM).
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: Five Executed Leases; Ground Rent Demands.
GUIDE PRICE £10,000