Forty-eight Apartments in a modern Development
sold on 125-year Leases from 1st January 2017
at a combined (rising) ground rent of £7,200 per annum
The Ground Rents are reviewed every TEN years to RPI upward only with Time not of the Essence
WITH THE NEXT REVIEW IN FOUR YEARS
A Lessee owned Management Company manages the Development.
Section V Notices have been served and the Lessees did not respond within the Statutory Time Limit.
The new owner will not demand any outstanding Ground Rent from the past.
Copy documents: Executed Lease; Office Copy Entries: Section V Notice.
GUIDE PRICE £133,000