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G014: Sanderstead Road, Croydon, Surrey CR2

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Seven Apartments in a detached Development

originally sold on 99-year Leases from 25th December 1989

at a combined (rising) ground rent of £1,000 per annum

Six of the Rents are reviewed every 33 years, one Rent is at a peppercorn.

 

TWO LEASES HAVE 64 YEARS LEFT TO RUN.

ONE LEASE HAS 86 YEARS LEFT TO RUN.

ONE LEASE HAS 88 YEARS LEFT TO RUN.

ONE LEASE HAS 90 YEARS LEFT TO RUN.

 

The Landlord Insures, Manages and recovers all costs AS ADDITIONAL RENT

Sum Insured: £2,191,369. Premium: £7,813.59. Renewal: 14th August 2024.

 

The Landlord owns everything above the ceilings, below the floors and the building envelope.

The Lessees cannot alter their premises without the written consent of the Landlord.

 

Section V Notices have been served and the Lessees did not respond within the Statutory Time Limit.

 

Copy documentation held in our offices:

Three Executed Leases.

One Deed of Surrender and Regrant.

Insurance Summary of Cover.

Lot of Insurance Documentation.

Detailed Schedule.

Section V Notices

 

GUIDE PRICE £58,000

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