Six converted Apartments
overlooking the Cenotaph Gardens
sold on 250 year leases from 1st January 2019
At a combined (rising) ground rent of £1,200 per annum
The ground rents are reviewed every ten years upward only to RPI
The Landlord insures, manages and recovers all costs from the Lessees AS ADDITIONAL RENT
Sum Insured: £968,750. Premium: £471.45 Renewal Date: 28TH July 2019
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.
The Apartments have just been placed on the market, three have gone under offer immediately and GRB require the Purchaser to exchange before half the Apartment leases exchange to negate the need for Section V Notices.
Copy documents held electronically: Draft Lease; Insurance Summary of Cover; Office Copies; Building Control Certificate.
Original Developer Selling
Guide Price: £30,000