Nine converted Apartments in a former detached Victorian house
sold on 150 year leases from 1st January 2019
at a combined (rising) ground rent of £4,000 per annum
The ground rents are REVIEWED EVERY TEN YEARS to RPI upward only with Time not of the Essence
The first review is in 2026 NEXT REVIEW IN FIVE YEARS
The Landlord Insures and manages and recovers all costs AS ADDITIONAL RENT
Sum Insured: £3,510,000. Premium: £4,165.81 Renewal: 1st March 2021
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: Draft Lease; Insurance Summary of Cover; Schedule of Prices, Ground Rents & Service Charges
GUIDE PRICE £100,000