Park Crescent

Te n u r e
All properties will be held on a 999-year lease subject to a peppercorn ground rent.
Each leaseholder will be conveyed an appropriate share or shares of the Freehold
on the completion of phase 2 of the development.
M a n a g e m e n t
It is proposed that Park Crescent once completed will be self-managed unless the
shareholders decide otherwise.
A small annual management charge is proposed to allow for maintenance of the
communal areas including the allocated parking which will accrue and must be
transferred as a condition on any future sale.
G u a ra n t e e
An architects certificate which complies with the Council of the Mortgage Lenders
requirements will be available with all properties. Further details upon request.