Lot 17: FREEHOLD DISUSED WATER TOWER AND MAST INVESTMENT

Commercial Investment - Stevenage
Commercial Investment - Stevenage
Commercial Investment - Stevenage
Commercial Investment - Stevenage
Commercial Investment - Stevenage
View towards the Water Tower
Commercial Investment - Stevenage
Sold £190,000

Aston Water Tower is situated on the east side of Aston End Road opposite Brookfield Farm, just south of the junction with Long Lane and Brookfield Lane which is to the east of Stevenage town centre and the A1M. The water tower stands on a relatively square parcel of land and has been accessed via a gated strip of land (marked brown on the location plan).

The tower has views towards open countryside and has potential for alternative uses, subject to all the necessary consents being obtainable.

Site Measurements

0.07 hectares (0.17 acres).

Tenancy

The land and structure are currently let to EE and BT for telephone masts. EE hold a commercial lease which is holding over at a current rental of £7,500 per annum. BT have served a Notice to Quit which expires towards the end of 2019 and are currently paying £1,500 per annum.

Local Planning Authority

East Herts Council. Tel: 01279 655261. Website: eastherts.gov.uk

Viewing

Strictly external only, owing to the nature of the telecoms equipment in place.