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Head Lease
The headlease runs for 125 years and 1 month from 1 July 2012 with a ground rent of £9.00 a year for the term of the lease.
Lease
The apartment leases run for 125 years from 1 July 2012 with the following ground rents:
A. A ground rent of £1.00 payable to Woolston Place Management Company Limited for the term of the lease.
B. A ground rent of £200.00 payable to the freeholder for the first 25 years of the lease.
£400.00 a year for the next 25 years
£600.00 a year for the next 25 years
£800.00 a year for the next 25 years
£1,000.00 a year for the final 25 years.