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0 bed property
Rendlesham Woodbridge, Suffolk IP12
Auction
£1,000
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Our Summary
- Asset Management Opportunity: The property provides a significant opportunity for asset management and income improvement
- LOT 85 - SUBSTATION AJACENT TO 9 HAZEL CLOSE, RENDLESHAM, WOODBRIDGE, IP12 2UR Auction Guide Price £1,000 plus Live and Online Auction on the 24th Of June at 1pm introducing Substation adjacent to 9 Hazel Close, Rendlesham, Woodbridge, IP12 2UR
- Situated in the charming town of Rendlesham Woodbridge, this property offers great potential for asset management and income improvement
- Don't miss out on this opportunity - schedule a viewing today to explore the potential of Substation E in Rendlesham Woodbridge
- Buyers Premium A buyer’s premium is an additional charge that successful bidders are required to pay on top of their final bid price at a property auction
- This fee is typically a percentage of the final bid and is paid directly to the auction house
- The exact percentage can vary depending on the auction house
- It is usually clearly stated in the auction’s terms and conditions
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Description
A single-story brick-built electric substation is situated adjacent to 9 Hazel Close in Rendlesham, Woodbridge, surrounded by a parcel of land with an individual car parking space. The property is a freehold site with a 99-year leasehold interest, currently leased to Eastern Electric PLC from November 1991 with no rent.