Freehold investment of the telecommunications portfolio at Copped Hall Estate with Vodafone and Orange tenants combined with rights of access to the sites.
Freestanding Greenfield installations located in close proximity to the M25 and B1393
The lease is dated 13 January 2005 benefiting Vodafone Ltd, with the expiry being 12 January 2015. The parties have now established a protected periodic tenancy under the Landlord and Tenant Act 1954. The Current Passing rent is £5,500 per annum.
There are no Rent Reviews due following expiry of the lease. The Tenant has made an application to the Landlord to enter a new lease under the Electronic Communications Code.
The lease is dated 16 April 2009 benefiting Vodafone Limited, with the expiry being 15 April 2019. The parties have now stablished a protected periodic tenancy under the Landlord and Tenant Act 1954. The Current passing rent is £6,000 per annum with no further rent reviews due, following expiry of the lease. The lease with Vodafone Limited of the site at High Road, behind Griffin's Wood Cottages, can be provided on request to interested parties however please note that due to the confidentiality provisions in the lease some clauses will be redacted.
Bell Common Tunnel
The Leases are dated 13 August 1996 benefiting Orange and Telefonica as Sharer with the expiry being 12 August 2006. The Sarties have now established a protected periodic tenancy under the Landlord and Tenant Act 1954. The Current passing rent is
£7,600 per annum with no further rent reviews due, following expiry of the lease. Copies of the Leases are available to interested parties from Fisher German LLP.
Each party to be responsible for their own legal costs in regard to this transaction.
The Way Forward
If you are interested in purchasing this telecommunication investment, in the first instance please do contact us to confirm the investment availability or to arrange a viewing or obtain any further information. Please contact either of the surveyors who will be happy to assist you.
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