A purpose-built block of seven flats, situated close to the centre of Cowes. Each flat is sold on a 125 year lease from 1st October 2011, at a peppercorn ground rent.
We understand the freeholder is responsible for the maintenance, management and insurance of the buildings, recovering the costs from the leaseholders by way of a service charge/insurance rent.
Section 5(B) Notices under the Landlord & Tenant Act 1987 (as amended) have been served and the leaseholders have not reserved their rights under this legislation.
The map and satellite images are based on postcode information and are available for directions only. They may not necessarily show the exact lot being offered, but will be in close proximity. Please refer to the sale plan in the legal documentation for precise details of the lot to be sold.