E968: West Terrace, Eastbourne, East Sussex BN21

Six Apartments in a three-story mid-terrace Development

sold on 125-year Leases from 1st July 1999

at a combined (rising) ground rent of £300 per annum

The Ground Rents double every twenty years.

 

THE GROUND RENTS DOUBLE IN JULY 2024

 

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 Twenty Notices are required for external remedial works in excess of £28,000.

 

Section V Notices have not yet been served.

 

Copy documents: Executed Lease; Insurance Summary of Cover to follow; Works Estimate and photos.

 

Guide Price: £11,000