Four Apartments in a modern Development
sold on 999-year Leases from 1st January 2015
at a combined (rising) ground rent of £1,200 per annum
The Ground Rents double every 25 years.
The Landlord Insures, Manages recovering all costs.
The Landlord owns everything above the ceilings, below the floors and the building envelope
The Lessees cannot alter their premises without the written consent of the Landlord.
Section V Notices have been served and the Lessees did not respond within the Statutory Time Limit (Notices are extant until 2nd February 2023 – thus this must be Contracted by that date)
Copy documents: Executed Lease; Office Copy Register; Signed Section V Notice – served at Guide.
Guide Price: £24,000