Nearby occupiers include Travis Perkins, Marshalls Mono Concrete Ltd and Watkiss Automation Limited
Please note that the property adjoins Lot 13 in the catalogue
Lot 23
Auction 8th July 2010
Rent £21,000 per Annum
Status Sold
Price £302,000
Sector Ground Rent
Auction Venue Millennium Hotel 39-44 Grosvenor Square Mayfair London W1K 2HP
Property Information
Location
Estimated District Population
15,000
Miles
13 miles east of Bedford
26 miles west of Cambridge
59 miles north of Central London
Roads
A1(M), M1, M11 M25
Rail
Sandy
Air
Luton
Situation
The property is prominently situated on the north side of Tyne Road in the established Middlefield Industrial Estate, the principal industrial area of Sandy. Tyne Road is accessed via Sunderland Road, which provides access to the A1 (London Road) via Bedford Road. Nearby occupiers on the estate include Travis Perkins, Marshalls Mono Concrete Ltd and Watkiss Automation Limited.
Tenure
Freehold.
Location
Estimated District Population
15,000
Miles
13 miles east of Bedford
26 miles west of Cambridge
59 miles north of Central London
Roads
A1(M), M1, M11 M25
Rail
Sandy
Air
Luton
Situation
The property is prominently situated on the north side of Tyne Road in the established Middlefield Industrial Estate, the principal industrial area of Sandy. Tyne Road is accessed via Sunderland Road, which provides access to the A1 (London Road) via Bedford Road. Nearby occupiers on the estate include Travis Perkins, Marshalls Mono Concrete Ltd and Watkiss Automation Limited.
Tenure
Freehold.
Description
The property comprises a SITE of approximately 0.40 hectares (1 acre) upon which PORTACABINS have been erected. The site is currently used as a road haulage depot
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a SITE of approximately 0.40 hectares (1 acre) upon which PORTACABINS have been erected. The site is currently used as a road haulage depot
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Hectares
Acres
Tenant
Term
Rent p.a.x
Reviews
4
Land
0.4
1
COOLCHALIS LTD (2)
99 years from 29/09/1978 until 2077 on a full repairing and insuring lease
£21,000
29/09/2018 and 10 yearly thereafter (3)
Totals
0.4
1 (1)
£21,000
(1)The lease refers to the acreage as being '1 acre or thereabouts'. (2)Coolchalis Limited are a road haulage service. For the year ending 30th April 2009, Coolchalis Limited reported a net worth of 201,000. (Source:www.riskdisk.com 07/06/2010) (3)Various ground rent reviews and renewals have recently been settled on this estate. For further information please refer to the Auctioneers.
