UK Property Law
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Thanks for your question.
It means that the no part of the flat which is subject to the lease (the 'demised premises') can be sold or sublet. You could not, for example, sub-let (or sell) part of the flat to a lodger/purchaser.
Note it does not refer to subletting of the whole of the demised premises, so unless there is another provision covering the whole of the demised premises then sub-letting of a whole flat to a sub-tenant would be permitted under the terms of the lease.
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One would expect the lease for the other flats in the property to have similar provison in them
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