Freehold Ground Rent Investment
Freehold Ground Rent Investment
The property is located on the eastern side of Ascot Drive within an established and popular industrial area some 1.5 miles south east of Derby City Centre. Nearby occupiers include Travis Perkin, Jewson, Screwfix and Easy Bathroom and Tiles.
Freehold.
The property is located on the eastern side of Ascot Drive within an established and popular industrial area some 1.5 miles south east of Derby City Centre. Nearby occupiers include Travis Perkin, Jewson, Screwfix and Easy Bathroom and Tiles.
Freehold.
The property comprises a site of approximately 0.29 Ha (0.71 Acres) upon which sits a trade counter/warehouse plus yard area.
VAT is not applicable to this lot.
The property comprises a site of approximately 0.29 Ha (0.71 Acres) upon which sits a trade counter/warehouse plus yard area.
VAT is not applicable to this lot.
| Site Area Approx. Ha | Site Area Approx. Acres | Tenant | Term | Rent p.a.x. | Review | Reversion |
|---|---|---|---|---|---|---|
| 0.29 | (0.71) | BANNER PLANT LIMITED | 99 years from 25/12/1972 | £17,470 |
25/11/2029 and 14 yearly (1) | 24/12/2071 |
(1) Reviewed to Open Market Ground Rental Value
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
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