Light Industrial
A superb investment opportunity to purchase a telecommunications/ water tower site. It comprises a large, dis-used water tower standing in around a third of an acre in a lovely rural position with some outstanding views across the local countryside.
The site is let out at a combined rental income of £17,111 per annum.
This is made up of agreements-
CTIL (Vodaphone & 02) on a 20 year licence from March 2016 at an annual rent of £12,111 per annum plus VAT if applicable.
EE Ltd with a licence up to December 2018 at rent of £5,000 per annum plus VAT if applicable.
The site could possibly be utilised for other uses subject to any necessary planning permissions.
The site is located along an uneven lane and is accessible by 4x4 vehicles only and we advise viewing on foot rather than by vehicle.
Freehold. Subject to tenancy.