Six Purpose Built Apartments in a modern Detached three storey Development
sold on 999 year leases from 1st January 2015
at a combined (fixed) ground rent of £1,500 per annum
There is a Lessee owned Management Company that Insures in the Joint Names of the Landlord in an Agency (including the Landlord’s) of its own choosing and Manages the Development
If the ManCo fails to perform within 3 months of a Notice to do so by the Landlord, the Landlord takes over management and the Lessees covenant to pay the Landlord the Service Charge.
The Landlord owns everything above the ceilings, below the floors and the building envelope
and can Develop as they see fit.
Section V Notices have not yet been served
Copy documents held electronically: Executed Lease; OCE Title & Plan;
Picture Gallery displaying the attractiveness of The Development
Original Developer Selling
Guide Price: On Application