The scheme will include 515 apartments and 9,870 sq ft (920 sq m) of commercial
retail use at ground level. The apartments include a mix of one, two and three
bedroom units.
We have agreed to purchase 9 apartments in the development. The apartments are
spacious and built to a very high standard. All apartments come with fully fitted
kitchens and integrated appliances, bathrooms finished with chrome fittings and
under floor heating throughout. A detailed specification will be included in the legal
contracts.
• 24 Hour Concierge and security services.
• CCTV Coverage to cover whole estate with centralised monitoring.
• Fully managed gymnasium with pool, steam/sauna room and exercise area
for the residents private use.
• Four high speed elevators to serve all floors.
As is the norm in the UK, investors will purchase long leaseholds from the Developer,
who will retain ownership of the freehold. The leasehold term will be 999 years.
Leaseholders will pay an annual ground rent to the owner of the freehold at a
proposed rate of Stg£250 per annum, indexed every 10 years in line with the UK
Retail Price Index.
The investor price and accommodation and schedule are listed in the following table:
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