Four Apartments in a modern Development
sold on 125-year Leases from 1st January 2008
at a combined (rising) ground rent of £800 per annum
The Ground Rents are reviewed every 25 years to RPI upward only.
THE NEXT REVIEW IS IN TEN YEARS
The Landlord Insures, Manages and recovers all costs AS ADDITIONAL RENT
Sum Insured: £967,250. Premium: £566.80. Renewal: 31st August 2023
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 not yet been served.
Copy documents: Executed Lease; Office Copy Entries and Plan; Insurance Summary of Cover.
GUIDE PRICE £16,000.