Unit 1A (i) & (ii), Stockton End, Middlefield Industrial Estate Sandy Bedfordshire SG19 1RB

Unit 1A (i) & (ii), Stockton End, Middlefield Industrial Estate
Sandy
Bedfordshire
SG19 1RB

Freehold Ground Rent Investment

Let until 2071
Important 2014 Rent Review
Approximate site area of 0.21 hectares (0.519 acres)
Established industrial estate
Nearby occupiers include Travis Perkins, Marshalls Mono Concrete Ltd and DW Mouldings

Lot
3
Auction
26th May 2011
Rent
£6,628 per Annum Exclusive
Status
Sold
Price
£150,000
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

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Freehold Ground Rent Investment

Let until 2071
Important 2014 Rent Review
Approximate site area of 0.21 hectares (0.519 acres)
Established industrial estate
Nearby occupiers include Travis Perkins, Marshalls Mono Concrete Ltd and DW Mouldings

Lot 3
Auction 26th May 2011
Rent £6,628 per Annum Exclusive
Status Sold
Price £150,000
Sector
Ground Rent
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
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 situated on the north side of Stockton End, close to its junction with Sunderland Road, in the established Middlefield Industrial Estate, the principal industrial area of Sandy. Stockton End is accessed directly from 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 DW Mouldings.

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 0.21 hectares (0.519 acres), upon which has been constructed purpose built industrial, office and storage buildings.

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 0.21 hectares (0.519 acres), upon which has been constructed purpose built industrial, office and storage buildings.

VAT

VAT is applicable to this lot.

EPC

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

Tenancy & Accommodation

Unit	Use	Floor Areas (Approx)	Hectares (Approx)	Acres (Approx)	Tenant	Term	Rent p.a.x	Reviews
1A (1) 1A (11)	Warehouse/Office/Storage Land	746 sq m (8,029 sq ft)	0.206 0.004	0.509 (3) 0.01 (3)	ANDREW BACON (t/a AB Airflow) (1)	78 years from 01/03/1993 until 2071 69 years from 21/08/2002 until 2071	£6,500 £128	01/03/2014 and 21 yearly (2) 20/08/2023 and 21 yearly (2)
Totals		746 sq m (8,029 sq ft)	0.21	0.519			£6,628

(1) AB grew out of two government backed investigations into the efficiency of truck aerodynamics. For further information, please refer to www.abairflow.co.uk
(2) Various ground rent reviews and renewals have recently been settled on this estate. For further information please refer to the Auctioneers.
(3) Please note that these areas are stated in the lease but is an approximation only, purchasers are deemed to have made their own investigations.