Nine Apartments in a modern prestigious Development
sold on 150-year Leases from 1st January 2011
at a combined (rising) ground rent of £2,650 per annum
The Ground Rents double every 25 years.
The Landlord Insures, Manages and recovers all costs AS ADDITIONAL RENT
Sum Insured: £4,094,941. Premium: £11,403.42. Renewal: 16th November 2023
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: Executed Lease; Schedule of Ground Rents; Insurance Summary of Cover
Original Developer Selling
GUIDE PRICE £63,000