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Exeter
Investment Opportunity comprising Telecoms Mast on busy Exeter Industrial Estate

Offers in excess of £50,000

Size approx. 0.077 Acres


Key features

    • Investment Opportunity comprising a lease of a Telecoms Mast.
    • Currently producing a total rent of £6,740 per annum.
    • Long Leasehold interest from Exeter City Council.
    • Additional Car Parking spaces which do not form part of the lease.

Description

An opportunity to acquire the Long Leasehold interest in a small commercial site in Pinhoe, Exeter with a substantial Telecoms Mast located on it.  The mast is shared between EE and Vodafone producing a total rent of £6,740 per annum with a ground rent payable to Exeter City Council of £140 per annum.  There are also a number of car parking spaces adjoining the mast which are not part of the lease to EE and which can be used or possibly let by the purchaser to further increase the rental income.

Property Address

Telecoms Mast, 452 The Old Dairy, Pinhoe Trading Estate, Pinhoe Road, Exeter, Devon, EX4 8TQ  [Ref: 0779]

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