Guide price
£10,000
(£32.05/sq. ft)
Industrial for saleKing Street, Enderby LE19
312 sq. ft
Just added
About this property
*For Sale by Auction on 24th September 2026 commencing at 05:00 pm*
Please note this Auction will be streamed live via our website with Remote Bidding by Proxy, Telephone or Internet Only.
Description
Freehold Investment. Substation/plant room let an an lease agreement, situated adjacent to large industrial building. Investment opportunity.
Location
The substation & meter room is adjacent to the King Street Buildings, with access to the meter room via King Street.
Accommodation
Brick built meter room & substation with access provided to meter room via King Street through two timber framed doors. Access to the substation is via the yard area.
Meter Room = 66.24 sq ft (6.15 sq m) approx.
Substation = 312 sq ft (28.99 sq m) approx.
Tenure
Freehold subject to existing lease agreement.
The Substation has been Let from 14th June 2002 for a term of 14 years to East Midlands Electricity at a rent of £675.00 per annum.
We have verbally been informed that the meter room is Let at £500.00 per annum.
Note
Purchasers are to be made aware that an additional charge of £950.00 + VAT will be collected on completion by the seller to cover costs incurred in selling the property.
The completion date will be on or before 18th December 2026 following exchange of contracts.
Please note this Auction will be streamed live via our website with Remote Bidding by Proxy, Telephone or Internet Only.
Description
Freehold Investment. Substation/plant room let an an lease agreement, situated adjacent to large industrial building. Investment opportunity.
Location
The substation & meter room is adjacent to the King Street Buildings, with access to the meter room via King Street.
Accommodation
Brick built meter room & substation with access provided to meter room via King Street through two timber framed doors. Access to the substation is via the yard area.
Meter Room = 66.24 sq ft (6.15 sq m) approx.
Substation = 312 sq ft (28.99 sq m) approx.
Tenure
Freehold subject to existing lease agreement.
The Substation has been Let from 14th June 2002 for a term of 14 years to East Midlands Electricity at a rent of £675.00 per annum.
We have verbally been informed that the meter room is Let at £500.00 per annum.
Note
Purchasers are to be made aware that an additional charge of £950.00 + VAT will be collected on completion by the seller to cover costs incurred in selling the property.
The completion date will be on or before 18th December 2026 following exchange of contracts.
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