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Eddisons offers National Grid assets

Eddisons is offering a portfolio of lots owned by National Grid across the country in its three-day sale later this month.


The lots are being offered as part of a rationalisation of the energy company’s extensive property holdings.


Guide prices range up to £200,000, total more than £1m, and comprise a number of uses including residential, vacant commercial and development.


The assets range from a 4,500 sq ft former social club in Gloucestershire, being offered for £100,000, an industrial building with land attached in Exeter, Devon, with a guide of £200,000, and a 5.7 acre plot at the former Station Works in Warwickshire being offered with a £75,000 asking price.


Eddisons is acting jointly with Capita as part of National Grid’s ongoing £400m surplus ?property disposal programme.


The two agents are disposing of the sites in a phased programme. Some 500 surplus brownfield sites have been ?identified along with 40 key strategic sites that are to be developed in conjunction with JV partners.


Eddisons’ sales are taking place in London on 22 October, Leeds on 24 October and ?Manchester on 29 October.


chris.berkin@estatesgazette.com


 

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