Seven Apartments in a detached Development
originally sold on 99-year Leases from 25th December 1989
at a combined (rising) ground rent of £1,000 per annum
Six of the Rents are reviewed every 33 years, one Rent is at a peppercorn.
TWO LEASES HAVE 67 YEARS LEFT TO RUN.
The Landlord Insures, Manages and recovers all costs AS ADDITIONAL RENT
Sum Insured: £1,990,344. Premium: £8,058.23. Renewal: 14th 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: Three Executed Leases; One Deed of Surrender and Regrant; Insurance Summary of Cover; Lot of Insurance Documentation; Detailed Schedule
GUIDE PRICE £60,000