Four converted Apartments in a semi-detached Development
sold on 125-year Leases from 28th March 2013
at a combined (rising) ground rent of £1,000 per annum
The Ground Rents rise by £250 every 25 years.
THE GROUND RENTS DOUBLE IN FIFTEEN YEARS
The Landlord Insures, Manages and recovers all costs AS ADDITIONAL RENT
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 been served and the Lessees did not respond with the Statutory Time Limit.
Copy documents: Executed Lease; Office Copy Entry; Section V Notices.
GUIDE PRICE £20,000