Two converted Apartments
sold on 250 year leases from 2018
at combined (rising) ground rent income of £300 per annum
rising upward only every 21 years to RPI
The Landlord covenants to insure, manage and recover
all costs from the Lessees AS ADDITIONAL RENT
Sum Insured: £240,000; Premium: £229.92; Renewal Date: 17th August 2019
The Landlord owns everything above the ceilings, below the floors, the building envelope,
and can develop as they see fit.
The Lessees cannot alter their premises without the written consent of the Landlord.
Section V Notices have not yet been served
Copy documents held: Specimen Draft Lease; Insurance Summary of Cover
Original Developer Selling
Guide Price: £6,000