Eighteen Apartments in a secluded Development
sold on 250-year Leases from 2022
at a combined (rising) ground rent of 2,293.90 per annum
The Ground Rents are reviewed every TEN years to RPI upward only with Time not of the Essence
Four of the Ground Rents are at the modern peppercorn.
The Landlord Insures, Manages and recovers all costs AS ADDITIONAL RENT
Sum Insured: £xxx. Premium: £xx. Renewal: xxx 2023
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 not yet been served.
Copy documents: Executed Lease; Schedule of Ground Rents.
GUIDE PRICE £40,000