Guide Price + Buyers Premium + VAT
The Land is still available for sale under auction terms and conditions.
Description: The property comprises a parcel of single storey brick built electrical sub stations, each arranged beneath a pitced roof.
Tenacy: Each electrical substation is subject to a lease in favour of Eastern Electricity Plc for a tenure of 99 years from 18th November 1991 ( thus having 86 years unexpired) at no rent.
Location: The properties are located within the Wackerfield developments in Rendlesham, Rendlesham is situated on the A1152 which provides direct access to the A12 and the shopping facilities of Ipswich.
Buyers Premium: Applies on the fall of the hammer. The purchaser shall pay a 10% deposit. Plus, in addition a buyers premium of 2% of the sale price, Subject to a minimum of £2000 + VAT upon the exchange of contract.