Vincents Grove Substation Southampton Hampshire SO15 5HW
Vincents Grove Substation
Southampton
Hampshire
SO15 5HW
Freehold Substation Investment
- Located in the International Maritime City of Southampton
- Electricity Substation Investment
- Southampton is just 75 miles from London and 21 miles from the Channel ports
- Important rent review to be settled
- Lot
48 - Auction
10th July 2012 - Rent
£597 per Annum Exclusive - Status
Sold - Price
£130,000 - Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP - On Behalf of Southampton City Council
Important UpdateInterested?Freehold Substation Investment
- Located in the International Maritime City of Southampton
- Electricity Substation Investment
- Southampton is just 75 miles from London and 21 miles from the Channel ports
- Important rent review to be settled
- Lot 48
- Auction 10th July 2012
- Rent £597 per Annum Exclusive
- Status Sold
- Price £130,000
- Sector
Ground Rent - Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP - On Behalf of Southampton City Council
Property Information
Location- Miles
- 75 miles south-west of London
- Roads
- M3, M27, A34, A36, A27
- Rail
- Southampton Central Station
- Air
- Southampton International Airport
SituationVincent’s Grove lies 1.75 miles to the northwest of Southampton City Centre just behind Shirley High Street.
Location- Miles
- 75 miles south-west of London
- Roads
- M3, M27, A34, A36, A27
- Rail
- Southampton Central Station
- Air
- Southampton International Airport
SituationVincent’s Grove lies 1.75 miles to the northwest of Southampton City Centre just behind Shirley High Street.
DescriptionThe property comprises a plot of land upon which has been an electricity substation has been erected.
VATVAT is not applicable to this lot.
EPCThe EPC will be available to view online in the solicitor’s legal pack.
DescriptionThe property comprises a plot of land upon which has been an electricity substation has been erected.
VATVAT is not applicable to this lot.
EPCThe 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 |
Reviews |
48 |
Vincent’s
Grove |
Electricity
Substation
|
651 sq m
|
(7,007 sq ft) |
SOUTHERNELECTRIC
|
99 years from 01/07/1964
until 30/06/2063 |
£597 |
30/06/1997 (1) and 30/06/2030
|
(1) Tthe 1997 rent review is outstanding. Notice has been served proposing a new rent of £8,000 p.a.x.
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