For Sale Land 

Substation D Chestnut Close, Rendlesham, Woodbridge, Suffolk, IP12 2UW Auction Guide £4,000

Contact Agent

The Kiln Second Floor, Waterside Mather Road
The Kiln Second Floor, Waterside Mather Road
Newark-On-Trent
Nottinghamshire
NG24 1FB
Tel: 01636 558200
info@nalcgroup.co.uk

About the Property

Substation D, Chestnut Close – For sale by our joint auctioneers London City Auctions in their 31st May auction, online or in person at the Hard Rock Hotel at 2pm

COMMERCIAL INVESTMENT / FUTURE DEVELOPMENT POTENTIAL

Freehold – Subject to existing lease

Description:
The property comprises a parcel of single storey brick built electrical sub stations, each arranged beneath a pitched roof. Included is the driveway land in front of the substation.
Please look at the map picture to see Substation marked as Substation D for your accurate location of Substation D.
Guide price includes substation and driveway land in front of substation with future hope value and until then a small potential annual income.

Tenancy:
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 68 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. Woodbridge is a port and market town in the East Suffolk district of Suffolk, England. It is 8 miles (13 km) up the River Deben from the sea. It lies 7 miles (11 km) north-east of Ipswich and forms part of the wider Ipswich built-up area. It is well known for its boating harbour and tide mill, on the edge of the Suffolk Coast and Heath Area of Outstanding Natural Beauty. Several festivals are held. As a “gem in Suffolk’s crown”, it has been named the best place to live in the East of England.

Buyer’s Premium:
Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.

Please feel free to contact our sales and enquires team on 01636 558200 or Email us at sales@nalcgroup.co.uk

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    Contacting The Kiln Second Floor, Waterside Mather Road
    The Kiln Second Floor, Waterside Mather Road
    Newark-On-Trent
    Nottinghamshire
    NG24 1FB
    Tel: 01636 558200
    info@nalcgroup.co.uk
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