Withdrawn
Withdrawn Prior
Sold Prior
Sold Prior
Sold
Sold Post
The property comprises a cleared site with the benefit of planning permission and an agreement for lease in place for an EV charging site, of 8 car bays.
Tenure
Freehold.
Accommodation
Please note the approximate areas have been provided by the VOA/Vendor/EPC and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site.
Tenancy
Agreement for lease executed to Source EV UK Limited for a term of 30 years from 06.10.2026 at an initial rent of £28,000 pa. The lease benefits from annual CPI linked upward only rent reviews, (collared at 1% and capped at 3%), and a tenant option to determine the lease on the 20th anniversary of the lease, subject to 12 months notice. The tenant benefits from a 6 month rent-free period. The Vendor will top up the completion funds so that the property effectively produces £28,000 pa from completion of the sale until the end of the concessionary period.
Planning
Planning permission has been granted (Ref: MC/26/1186) for construction of 8 EV charging bays.
Rent