Two hundred and eleven self-contained, High-Spec Student Apartments in a ten-storey

Development located in the centre of Newcastle under Lyme

sold on 250 year leases from 1st January 2020

at a combined (rising) ground rent income of £63,300 per annum.

The ground rents are reviewed, upward only, every five years to RPI

The Landlord Insures and recovers costs from the Lessees

Sum Insured: £10,774,445. Premium: £24,340.20. Renewal Date: 6TH August 2021

Lessee Management Company manages

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

All of the units have been sold

Section 5 Notices need to be served

Communal Areas: Reception; Mezzanine Luxury Lounge; Laundry Rooms

Copy documents held electronically: Executed Lease; Title Plan; Insurance Summary;

& Picture Gallery

Original Developer Selling

Guide Price: On Application