Head Lease on twenty-six Apartments in a Period Development
sold on 999-year Leases from 1st February 2004
at a combined (rising) ground rent of £6,500 per annum
The Ground Rents double every one hundred years.
THE GROUND RENTS HAVE NEVER BEEN DEMANDED.
A Lessee owned Management Company Manages the Development without reference to the Landlord.
Head lease pays the Insurance Premium as Additional Rent.
The Lessees cannot alter their premises without the consent of the Landlord.
Section V Notices have not yet been served.
Copy documents: Head Lease; Under Leases; Office Copy Entries: Schedule of Ground Rent arrears.
GUIDE PRICE £105,000