E967: Ariel Gardens, Culcheth, Warrington WA3

Nine Houses in an unbroken modern Cul de Sac

sold on 999-year Leases from 2005 (x4), 2006 (x 4) & one from 2008

at a combined (rising) ground rent of £1,474.11 per annum

The Rents are reviewed every THREE years to RPI upward only, to a maximum of £1,000 per Lease.

The Ground Rent in 2017 was £1,349.91, the 2020 Review has yet to be enforced, thus the £1,474.11 is an assumed calculation)

 

The road into the Cul de Sac is unadopted – the Lessees covenant to maintain it.

 

The Landlord has the right within eighty years to erect a dwelling house on the Property, Gable Wall or Garage.

 

Two of the Lessees owe circa £1,300.

Copy documents: Draft Lease; RPI Calculation and Payment Schedule.

 

GUIDE PRICE £40,000