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
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.
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)
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.
