Land at the junction of Leicester Road & Derby Road, Hinckley, Leicestershire, LE10 1QF
FREEHOLD PART VACANT ADVERTISING SITE WITH DEVELOPMENT POTENTIAL
Thursday, 29th October 2020 12:00pm
BY ORDER OF JCDECAUX
A corner advertising site including an electricity substation at this busy junction, adjacent to a car repair garage, opposite a B&Q, within ½ mile of the town centre and ¾ mile from Hinckley station. Hinckley lies about 13 miles from Leicester.
4 x 48 sheet advert hoardings - Vacant
Land: Let to Britannia Tyres Ltd (by way of assignment) for 9 years from 01.08.1988 (holding over) at £2,000 p.a. (rent last reviewed in 1994).
Electricity Substation: Let to Western Power Distribution (East Midlands) Plc (originally East Midlands Electricity Distribution Plc) for 10 years from 01.08.2001 (holding over) at £250 p.a.
EQUIVALENT TO £2,250 P.A. & OFFERED PART VACANT WITH DEVELOPMENT POTENTIAL (SUBJECT TO OBTAINING ALL NECESSARY CONSENTS)
4,024 sq ft (373.8 sq m)
Auction Surveyor: Robert Woolfe
Contact: 020 8509 4408
In respect of the lease for the substation, the commencement date is 01.08.2001 and not 2011 as originally stated. In respect of the lease to Britannia Tyres Ltd, the commencement date was 01.08.1988 and not 03.03.1989 as originally stated.