freehold title report property: backford south (gpss …...property: backford south (gpss site 5) 1....

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MA_39240729_1 1 FREEHOLD TITLE REPORT Property: Backford South (GPSS site 5) 1. INTRODUCTION This report summarises the legal aspects of the Property to be sold. 2. THE PROPERTY The Property is known as Backford Fuel Depot, Chorlton Lane, Chorlton by Backford Chester. 3. THE TITLE Title is absolute, registered under title number CH588700. Due to its size, the title plan has been reproduced at the back of this report. The land edged and numbered green on the title plan has been removed from the title. The surface and subsoil forming any highway maintainable at public expense is excluded from the title. 4. RIGHTS BENEFITTING THE PROPERTY In a Transfer of the land edged green dated 30 April 2015 and made between (1) The Secretary of State for Defence and (2) Shelfco123 Limited ("Shelfco") ("the Shelfco Transfer"), Shelfco covenanted for the benefit of the Property, that on any disposal, they would procure that any disponee entered into a deed of covenant that they will comply with Shelfco's covenants contained in the Shelfco Transfer: To procure that all those authorised by them shall comply with the provisions of the Shelfco Transfer in relation to the exercise of any rights; To indemnify against any costs, expenses, losses, damages, claims or liabilities caused by the exercise of any rights in the deed; Not to make a disposal of the whole or any part of the Property without first procuring that any dispone enter into a deed of covenant directly that they will comply with the covenants in the Shelfco Transfer; To indemnify and covenant that Shelfco will observe and perform the covenants contained in or referred to in the registers of title to the Property (including within document referred to in the registers of title), and indemnify against any actions, proceedings, damages, costs, claims and expenses which may be suffered for any breach or non-observance by Shelfco of the same. 5. RIGHTS RESERVED OVER THE PROPERTY 5.1 In the Shelfco Transfer, there was reserved in favour of Shelfco's property a right of support from the retained land.

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Page 1: FREEHOLD TITLE REPORT Property: Backford South (GPSS …...Property: Backford South (GPSS site 5) 1. INTRODUCTION This report summarises the legal aspects of the Property to be sold

MA_39240729_1 1

FREEHOLD TITLE REPORT

Property: Backford South (GPSS site 5)

1. INTRODUCTION

This report summarises the legal aspects of the Property to be sold.

2. THE PROPERTY

The Property is known as Backford Fuel Depot, Chorlton Lane, Chorlton by Backford Chester.

3. THE TITLE

Title is absolute, registered under title number CH588700. Due to its size, the title plan has been reproduced at the back of this report. The land edged and numbered green on the title plan has been removed from the title.

The surface and subsoil forming any highway maintainable at public expense is excluded from the title.

4. RIGHTS BENEFITTING THE PROPERTY

In a Transfer of the land edged green dated 30 April 2015 and made between (1) The Secretary of State for Defence and (2) Shelfco123 Limited ("Shelfco") ("the Shelfco Transfer"), Shelfco covenanted for the benefit of the Property, that on any disposal, they would procure that any disponee entered into a deed of covenant that they will comply with Shelfco's covenants contained in the Shelfco Transfer:

• To procure that all those authorised by them shall comply with the provisions of the Shelfco Transfer in relation to the exercise of any rights;

• To indemnify against any costs, expenses, losses, damages, claims or liabilities caused by the exercise of any rights in the deed;

• Not to make a disposal of the whole or any part of the Property without first procuring that any dispone enter into a deed of covenant directly that they will comply with the covenants in the Shelfco Transfer;

• To indemnify and covenant that Shelfco will observe and perform the covenants contained in or referred to in the registers of title to the Property (including within document referred to in the registers of title), and indemnify against any actions, proceedings, damages, costs, claims and expenses which may be suffered for any breach or non-observance by Shelfco of the same.

5. RIGHTS RESERVED OVER THE PROPERTY

5.1 In the Shelfco Transfer, there was reserved in favour of Shelfco's property a right of support from the retained land.

Page 2: FREEHOLD TITLE REPORT Property: Backford South (GPSS …...Property: Backford South (GPSS site 5) 1. INTRODUCTION This report summarises the legal aspects of the Property to be sold