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G135: Brighton Road, Surbiton, Surrey KT6

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Forty-Six stylish Apartments in a spectacular Development

sold on 250-year leases commencing from 2018 to 2020.

37 at a combined (rising) ground rent of £18,200 per annum reviewed every 25 years to RPI;

9 to a Housing Association at a combined (rising) ground rent income of £4,350 per annum;

all 46 Rents DOUBLE every 25 years until the 100th anniversary of the Term.

 

A total combined (rising) Ground Rent £22,550 PER ANNUM.

 

An RTM has been elected by the Lessees.

 

The Landlord owns everything above the ceilings, below the floors and 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 electronically:

Residential Lease; Housing Association Lease; Ground Rent Schedule; Schedule of Purchase Prices; As Built Drawings; BBA documents & EWS1.

 

Original Developer Selling

 

GUIDE PRICE £380,000

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