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Freehold substation and meter room investment
Enderby, LE19 - Get Access
Description
Freehold investment property comprising a brick-built substation and plant room situated adjacent to a large industrial building, offering an ongoing investment opportunity. The substation and meter room are located adjacent to the King Street Buildings, with access to the meter room via King Street through two timber-framed doors, while access to the substation is provided via the yard area. The accommodation comprises a brick-built meter room measuring approximately 66.24 sq ft (6.15 sq m) and a substation measuring approximately 312 sq ft (28.99 sq m). The property is held freehold and is subject to existing lease agreements. The substation has been let from 14th June 2002 for a term of 14 years to East Midlands Electricity at a rent of £675.00 per annum, and the meter room is understood to be let at £500.00 per annum.
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Estimated market value
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Range:
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Low confidence
Floor Area: 378 sq ft (Listing)
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