Units 50/52 Sunderland Road, Middlefield Industrial Estate Sandy Bedfordshire SG19 1QY

Units 50/52
Sunderland Road, Middlefield Industrial Estate
Sandy
Bedfordshire
SG19 1QY

Freehold Ground Rent Investment

Established industrial estate
Let on two individual long leases to Bondaglass Voss Ltd until 2071
Important rent review in 2014
Approximate site area of 0.52 hectares (1.28 acres)
Nearby occupiers include Travis Perkins and Marshalls Mono Concrete Ltd

Lot
6
Auction
27th May 2010
Rent
£12,400 per Annum
Status
Sold
Price
£280,000
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
Mayfair
London W1K 2HP

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Freehold Ground Rent Investment

Established industrial estate
Let on two individual long leases to Bondaglass Voss Ltd until 2071
Important rent review in 2014
Approximate site area of 0.52 hectares (1.28 acres)
Nearby occupiers include Travis Perkins and Marshalls Mono Concrete Ltd

Lot 6
Auction 27th May 2010
Rent £12,400 per Annum
Status Sold
Price £280,000
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 in the established Middlefield Industrial Estate, the principal industrial area of Sandy. The estate is accessed via Sunderland Road, which the property fronts, to the east of the town centre. Nearby occupiers on the estate include Travis Perkins and Marshalls Mono Concrete Ltd.

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

Tenure

Freehold.

Description

The property comprises a site of approximately 0.52 hectares (1.28 acres) upon which has been constructed a WORKSHOP, STORAGE AND OFFICE ACCOMMODATION. VATVAT is applicable on 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 0.52 hectares (1.28 acres) upon which has been constructed a WORKSHOP, STORAGE AND OFFICE ACCOMMODATION. VATVAT is applicable on this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Hectares	Acres	Tenant	Term	Rent p.a.x	Rent/Review
Part 50/52	Workshop, Store & Office	903.38 sq m	(9,724 sq ft)	0.52	1.28	BONDAGLASS VOSS LTD (1)	99 years from 01/08/1972	£9,500	01/08/2014 and 21 yearly (2)
Part 50/52 (Supplemental)	Workshop, Store & Office	903.38 sq m	(9,724 sq ft)	0.52	1.28	BONDAGLASS VOSS LTD (1)	99 years from 01/08/1972	£2,900	01/08/2014 and 21 yearly (2)
Totals		903.38 sq m	(9,724 sq ft)	0.52	1.28			£12,400

(1)?For the year ending 31st July 2009, Bondaglass Voss Limited reported a turnover of ?1,512,000, pre-tax profits of ?23,000 and a net worth of ?479,000. (Source: www.riskdisk.com 27/04/2010) (2)?Various ground rent reviews and renewals have recently been settled on this estate. For further information please refer to the Auctioneers.