Property Auctions - substation

Auction date: Wed, 26/02/2025 - 09:00

Guide Price £5,000. A freehold site of approximately 142 sq m (169 sq yds). The land may be of interest to local residents and businesses and includes the substation which is held for a period of 60 years from 1st April 1984 at a peppercorn rent.

Auction date: Tue, 10/12/2024 - 10:00

Guide Price £32,000. The site extends to 0.08 acre (328.5 sqm) and currently generates an annual income of £340.91 from 5 of the 6 garage plots, one being vacant (total rent received at May 2024). There is a substation included within the site, subject to a lease to the electricity provider granting access rights. Potential for development, subject to the necessary planning consents being obtained and rights of access being retained. Part let/part vacant. Subject to substation lease and garage tenancies.

Auction date: Wed, 21/06/2023 - 09:00

A freehold substation site amounting to 44sqm, let for 60 years from December 2022 at £250 pa with RPI linked rents reviews every five years.