Nearby occupiers include Travis Perkins, Marshalls Mono Concrete Ltd and Dutton Engineering
Lot 19
Auction 26th May 2011
Rent £19,780 per Annum Exclusive
Status Sold
Price £250,000
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 prominently situated on the south 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 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 prominently situated on the south 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 DW Mouldings.
Tenure
Freehold.
Description
The property comprises a site of approximately 0.40 hectares (1 acre) upon which has been constructed a workshop, portacabins and storage facilities.
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 has been constructed a workshop, portacabins and storage facilities.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
99 years from 29/09/1978 until 2077 on a full repairing and insuring lease
£19,780
29/09/2018 and 10 yearly thereafter (2)
Totals
481.5 sq m
(5,183 sq ft)
0.4
1 (3)
£19,780
(1) Please note that the tenant has sublet the property to Lavendon Access Services (UK) Limited, t/a EPL Access, who are currently occupying the premises. Lavendon Access Services (UK) Limited are part of Lavendon Group plc, the European market leader in the rental of self-propelled booms and scissor lifts with a growing fleet of the more specialised truck-mounted access platforms. Across Europe and the Middle East, the company operates a fleet of 24,500 machines from a network of 115 depots. (Source: www.nationwideplatforms.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 this area is stated in the lease but is an approximation only, purchasers are deemed to have made their own investigations.
