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G118: North John Street, Liverpool, L2

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THE ORIGINAL DEVELOPER IS THE SELLER

 

The Head Lease of Forty-three Apartments in a substantial seven storey Development

 

sold on 250-year under Leases commencing over nine months from 1st January 2019

at a combined (rising) ground rent of £15,050 per annum

 

The Ground Rents are reviewed every TEN years to RPI upward only with Time not of the Essence.

 

THE NEXT REVIEW IS IN LESS THAN SIX YEARS

 

 The Head Lease on the first to seventh floors and part of the basement is held from the Freehold for a Term of 999 years from 6th November 2017 at a peppercorn.

(The Ground Floor is a Restaurant)

 

The Freeholder, not the Head Leaseholder Insures.

 

The Head Leasehold Landlord Manages and recovers costs from the Lessees.

 

Section V Notices have not yet been served.

 

INVITING OFFERS with a GUIDE PRICE of £220,000.

 

Copy documents: Executed Lease; Executed under Lease.

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