Lot
048
Auction Ends: 27/04/2022 13:38

Telecommunications Mast, New Hey Road, Huddersfield, West Yorkshire HD3 4DD

Property Details
Location
Auction Details
Description
Telephone mast investment detailing an annual income of £5,020 by way of a 10 year Code Agreement, set on a site of 0.09 acres (0.036 Ha) adjacent to a new Aldi food store development. The site also represents a longer term development opportunity given its main road frontage, proximity to both the under construction Aldi store, and its car park, and being located in the affluent suburb of Lindley.
Location
The sites lies in a prominent position fronting New Hey Road (A640) immediately adjacent to the site of a new Aldi food store (under construction), 0.3 miles from Huddersfield Royal Infirmary Hospital and 0.8 miles from Huddersfield New College.

The land is located on the south side of New Hey Road (A640) which is one of the arterial routes into Huddersfield from the M62 motorway, close to its intersection with Dean Street.
Approx Site Area
0.09 acres (0.036 Ha)
Tenure
Unknown
Tenancy
Let on a 10 year lease under the terms of the Electronics Communication Code, in favour of CTIL at an annual income of £5020 commencing 30th July 2020. CTIL provide mast infrastructure to Vodaphone and O2. The new mast is a relocation of infrastructure erected in 2004 on the adjoining building since demolished to facilitate the new Aldi development.
Costs
Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.
VAT
The legal pack details that Seller has opted to tax in respect of VAT. The sale is intended to be a transfer of a going concern to which Condition G15 applies.
General
1. All the information provided on our website is for indicative purposes only and interested parties should rely upon the contents of the legal pack and their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 26TH APRIL AND CLOSES ON WEDNESDAY 27TH APRIL.
Addendum
The legal pack details that Seller has opted to tax in respect of VAT. The sale is intended to be a transfer of a going concern to which Condition G15 applies.

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