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
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.
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.
