Queen's Court is a collection of twelve apartments developed in 2008/09. The current passing ground rent per flat is £XXX For the period from the date hereof until 31st May 2053 the sum of one hundred pounds (£XXX) per annum, from the 1st day of June 2053 until the 31st day of May 2103 the sum of three hundred pounds (£XXX) per annum and from the 1st day of June 2103 until the end of the term the sum of five hundred (£XXX) per annum or such other sum as may become payable. The ground rent therefore:
2018-2053 - Rent Per Flat: £XXX Total Rent: £XXX
2053-2103 - Rent Per Flat: £XXX Total Rent: £XXX
2103-2128 - Rent Per Flat: £XXX Total Rent: £XXX
( Agency Pilot Software Ref: 20009813 )
Location
Cambridge is a prosperous regional centre located approximately 53 miles to the north of London benefitting from a regular train service providing access to London Kings Cross in just 47 minutes.
The world renowned Cambridge University Hospitals NHS Foundation Trust (Addenbrooke's & Rosie) employing over 8,000 is within a 10 minute drive of the site.
Queen's Court is located 1 mile from Cambridge Central Train Station. It is also located a short 10 min walk from Cambridge Leisure Park.
Accommodation
12 Apartments
Terms
Price - Offers for the freehold are invited in excess of £XXX which reflects a YP of 25. Interested parties are to contact the agents for further information.
VAT - To be confirmed.
Leases - The flats have been sold on 125 year leases from 16 July 2003.
EPC - Energy Performance Certificates available on request.
Specification
- Offers in excess of £XXX
- 12 Apartments
- Passing ground rent £XXX per annum
- Rent review - Fixed increases