Upper Bugle Street Substation Southampton Hampshire SO14 2BU

  • Upper Bugle Street Substation<br>Southampton<br>Hampshire<br>SO14 2BU

Upper Bugle Street Substation
Southampton
Hampshire
SO14 2BU

Freehold Substation Ground Rent Investment

  • Located throughout the International Maritime City of Southampton
  • Electricity Substation
  • Southampton is just 75 miles from London and 21 miles from the Channel ports
  • Lot
    50
  • Auction
    10th July 2012
  • Rent
    £928 per Annum Exclusive
  • Status
    Sold
  • Price
    £20,000
  • 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 throughout the International Maritime City of Southampton
  • Electricity Substation
  • Southampton is just 75 miles from London and 21 miles from the Channel ports
  • Lot 50
  • Auction 10th July 2012
  • Rent £928 per Annum Exclusive
  • Status Sold
  • Price £20,000
  • 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
Situation

The site is situated 0.8 miles to the north of the city of Southampton.

Tenure

Freehold.

Location
Miles
75 miles south-west of London
Roads
M3, M27, A34, A36, A27
Rail
Southampton Central Station
Air
Southampton International Airport
Situation

The site is situated 0.8 miles to the north of the city of Southampton.

Tenure

Freehold.

Description

The property comprises an area of land, upon which has been built 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 property comprises an area of land, upon which has been built 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

50

Upper Bugle
Street
Electricity
Substation
31 sq m

(334 sq ft)
SOUTHERNELECTRIC
20 years from 01/07/1992 £928 01/07/2012

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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