Lot 70. For sale by auction on Wednesday 28 October 2026 at Claridge's, Mayfair, and online. A freehold electricity substation site in Rendlesham, Suffolk, let on a long lease to UK Power Networks, together with an area of land and a parking space. A low-maintenance freehold investment with a guide price of £1,000. Buyer's premium and contract documents charge apply.
Rightmove full description
LOT 70: SUBSTATION C, ADJACENT TO 9 HAZEL CLOSE, RENDLESHAM, WOODBRIDGE, SUFFOLK IP12 2UR
Guide price: £1,000*
Auction: Wednesday 28 October 2026 at 1pm, Claridge's, Brook Street, Mayfair, London W1K 4HR, and online. Unless sold prior.
THE LOT
The freehold of Substation C, a small brick-built electricity substation at the head of the Hazel Close cul-de-sac, next to 9 Hazel Close. The substation is let on a long lease to UK Power Networks, the electricity distribution network operator for the East of England, which operates and maintains the equipment and has 24-hour access and cable rights. The freehold also includes an area of land and a parking space, which may be of interest to neighbouring residents.
KEY FEATURES
Freehold electricity substation site
Let on a long lease to UK Power Networks
Includes land and a parking space
Low-maintenance freehold
Quiet residential cul-de-sac in Rendlesham
Close to Rendlesham Forest, Woodbridge and Ipswich
LOCATION
Rendlesham is a village in East Suffolk, about 5 miles north-east of Woodbridge and 10 miles from Ipswich. It has shops, a primary school, a doctors' surgery, cafés and a sports centre. The village is surrounded by Rendlesham Forest, part of the Suffolk and Essex Coast and Heaths National Landscape, and the Anglo-Saxon site at Sutton Hoo is nearby. Wickham Market station on the East Suffolk Line is close by.
TENURE AND LEASE
Freehold, sold subject to the lease to UK Power Networks and its access and cable rights. The lease, rent and full terms are in the legal pack.
PLANNING
An electricity substation is a sui generis use. Any change of use, such as parking, storage or community use, needs planning permission from East Suffolk Council. Buyers should read the lease, wayleaves and easements and take planning advice before relying on any alternative use.
VIEWING
External viewing only, from Hazel Close, at any reasonable time. The substation is live electrical equipment and must not be entered.
AUCTION TERMS
10% deposit on exchange. Buyer's premium: 2% of the purchase price, minimum £2,000 + VAT. Contract documents charge: £850 + VAT. Completion as set out in the Special Conditions of Sale. All bidders must register and pass anti-money-laundering checks before bidding. Please read the legal pack before bidding.
*Guide prices are an indication of the seller's minimum expectation and may change. The reserve will be no more than 10% above a single-figure guide.
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