Royal Crescent Road Substation Southampton Hampshire SO14 3FS

  • Royal Crescent Road Substation<br>Southampton<br>Hampshire<br>SO14 3FS

Royal Crescent Road Substation
Southampton
Hampshire
SO14 3FS

Freehold Substation Ground Rent Investment

  • Located in the International Maritime City of Southampton
  • Electricity Substation
  • Southampton is just 75 miles from London and 21 miles from the Channel ports
  • Lot
    49
  • Auction
    10th July 2012
  • Rent
    £650 per Annum Exclusive
  • Status
    Sold
  • Price
    £15,000
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP
  • On Behalf of Southampton City Council
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Freehold Substation Ground Rent Investment

  • Located in the International Maritime City of Southampton
  • Electricity Substation
  • Southampton is just 75 miles from London and 21 miles from the Channel ports
  • Lot 49
  • Auction 10th July 2012
  • Rent £650 per Annum Exclusive
  • Status Sold
  • Price £15,000
  • Sector
    Ground Rent
  • Auction Venue
    Millennium Hotel
    39-44 Grosvenor Square
    London W1K 2HP
  • On Behalf of Southampton City Council

Property Information

Location
Roads
M3, M27, A34, A36, A27
Rail
Southampton Central Station
Air
Southampton International Airport
Situation

The site is situated 1.6 miles to the north-west of the City of Southampton.

Tenure

Freehold.

Location
Roads
M3, M27, A34, A36, A27
Rail
Southampton Central Station
Air
Southampton International Airport
Situation

The site is situated 1.6 miles to the north-west of the City of Southampton.

Tenure

Freehold.

Description

The site comprises an area of land upon which has been erected an electricity substation.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The site comprises an area of land upon which has been erected an electricity substation.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Lot Location Use Site Areas (Approx) Tenant Term Rent p.a.x Reversion

49

Royal Crescent
Road
Electricity
Substation
22 sq m

(237 sq ft)
SSE SERVICES PLC
21 years from 11/01/1997 £650 11/01/2018

Contacts

Acuitus
Peter CunliffePeter Cunliffe +44 (0)20 7034 4850peter.cunliffe@acuitus.co.uk
Associate Auctioneers
Capita Symonds One Guildhall Square,
Southampton
Hampshire
SO14 7FP
Fiona James 02380 833 081fiona.james@capita.co.uk
Seller's Solicitors
Southampton City Council Civic Centre
Southampton
SO14 7LT
Daniel Crossland 02380 917 650daniel.crossland@southampton.gov.uk  Wendy Cowan 02380 832 420wendy.cowan@southampton.gov.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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