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PRIVACY
Commercial Property

For Sale: 250 year lease on investment land opportunity to hand down to your children and children's children

Innes England marketing a plot on the Sherwood Business Park, just off the M1 in Annesley, Nottingham

The land is on the Sherwood Park Business Park

A rare chance has come up to buy a 250 year lease on a small plot of land on an East Midlands business park.

Innes England is looking for interest in the lease for part of Sherwood Park, just off J27 of the M1 in Annesley, Nottingham.

It is asking for offers in excess of £225,000.

The commercial property agent said the current passing rent is £5,151 a year – with future rent reviews linked to inflation.

It said the investment is also government-backed, with the ground rent coming from the Police & Crime Commissioners in the East Midlands.

The sub-tenant has constructed a meter house on the site to accommodate an electricity supply plant room which serves a nearby office building and lab occupied by the East Midlands Police Forces.

Craig Straw, director and head of business space at Innes England, said: “This is an attractive investment which we anticipate will be of particular interest to personal pensions schemes.

“Not only is the guide price very affordable, there is also rare long-term income from Government-backed money.