Eight Apartments in a purpose built Development
sold on 125 year leases from 1st July 2017
at a combined (rising) ground rent of £3,593 per annum
The ground rents are reviewed every five years upward only to the greater of HPI or RPI
The Landlord Insures, Manages and recovers all costs due from the Lessees
Sum Insured: £684,574. Premium: £505.03. Renewal: 3rd October 2020
The Landlord owns everything above the ceilings, below the floors and the building envelope
and can Develop as they see fit.
Lessees cannot alter their premises without the written consent of the Landlord.
Section V Notices have not yet been served
Copy documents held electronically: Lease; Insurance Summary
GUIDE PRICE £74,000