Headlease for sale
999 years from 8th September 2016 at a peppercorn ground rent.
The tenant’s sublease
Recently renewed for a term of 5 years starting 1st November 2021, at a passing rent of £12,000.00pa exclusive, with a full repairing and insuring liability, index-linked rent reviews (due in November 2022 and 2025), a tenant’s break option at the end of year 3, lease held outside Part 2 of the Landlord & Tenant Act 1954.