Ground rent investment on development of 41 flats built in 2010
Landlord manages/insures and recovers from lessees
24 purpose built apartments paying total annual ground rent of £10,250 per annum
Ground rents double every 25 years
Leases 150 years from 2010
Section 5 notices have been served and the lessees have not responded
Ground rents due for increase in 2035