The Northern parcel, comprising 2.6 acres, is let to Storegrow Limited until November 2028 with a current passing rent of £135,100 per annum. This parcel is used for container storage and vehicle parking, as per the B8 permitted use. An RPI rent review is scheduled for 7th November 2023.
In the centre of the site sits an operational electricity transformer station, measuring 1.38 acres, let to Southern Electric Power Distribution Plc (SSE) on a 999 year lease which commenced in March 1990. The rent is £5 per annum.
