Two Apartments in a modern Development
sold on 150-year Leases from 30th November 2007
at a combined (rising) ground rent of £1,000 per annum
The Ground Rents are reviewed every TEN years to RPI with Time not of the Essence.
THE NEXT REVIEW IS IN FOUR YEARS.
The Landlord Insures, Manages and recovers all costs.
Sum Insured: £703,800. Premium: £575.26. Renewal: 3rd April 2024
The Lessees cannot alter their premises without the written consent of the Landlord.
Heavily overgrown land at the rear that is not in the Demise of either Apartment. This rear land is separated from the main by a stream and is somewhat overgrown. A bridge that connected the two has over time collapsed and gone.
Section V Notices have not yet been served.
Copy documents: Executed Lease; Insurance Summary of Cover.
GUIDE PRICE £20,000