Nine Apartments in a converted Development
sold on 125-year Leases from 1st January 2013
at a combined (rising) ground rent of £1,350 per annum
The Ground Rents each rise by £100 every twenty five years.
The Landlord Insures, Manages and recovers all costs.
Sums Insured: £375,000 and £602,997 = £977,997. Premiums: £642.07 and £399.34 = £1,041.41. Renewal Dates of the two Policies: 11th August 2023 and 23rd June.
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; Office Copy Entries; Insurance Summaries of Cover
GUIDE PRICE £27,000