Unit 58, Sunderland Road Middlefield Industrial Estate Sandy Bedfordshire SG19 1QY

Unit 58, Sunderland Road
Middlefield Industrial Estate
Sandy
Bedfordshire
SG19 1QY

Freehold Ground Rent Investment

Established industrial estate
Let to D W General Wood Machinists Limited until 2077
Important rent review in 2018
Approximate site area of 0.42 hectares (1.037 acres)
Nearby occupiers include Travis Perkins, Marshalls Mono Concrete Ltd and D W Mouldings

Lot
42
Auction
27th May 2010
Rent
£22,145 per Annum
Status
Sold
Price
£405,000
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
Mayfair
London W1K 2HP

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Freehold Ground Rent Investment

Established industrial estate
Let to D W General Wood Machinists Limited until 2077
Important rent review in 2018
Approximate site area of 0.42 hectares (1.037 acres)
Nearby occupiers include Travis Perkins, Marshalls Mono Concrete Ltd and D W Mouldings

Lot 42
Auction 27th May 2010
Rent £22,145 per Annum
Status Sold
Price £405,000
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, Marshalls Mono Concrete Ltd and D W 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 0.42 hectares (1.037 acres) upon which has been constructed a PURPOSE BUILT INDUSTRIAL UNIT with WORKSHOP, OFFICE AND STORAGE ACCOMMODATION VATVAT is applicable on this lot.

EPC

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

Description

EPC

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

Tenancy & Accommodation

Unit	Use	Floor Areas (Approx)		Hectares	Acres	Tenant	Term	Rent p.a.x	Reviews
58	Workshop, Office & Storage	2,396.10 sq m	(25,792 sq ft)	0.42	1.037	D W GENERAL WOOD MACHINISTS LIMITED (1)	99 years from 15/08/1978	£22,145	15/08/2018 and 10 yearly (2)
Totals		2,396.10 sq m	(25,792 sq ft)	0.42	1.037			£22,145

(1) For the year ending 31st August 2009, D W General Wood Machinists Ltd reported a net worth of ?1,409,000. (Source: www.riskdisk.com 28/04/2010) (2) Various ground rent reviews and renewals have recently been settled on this estate. For further information please refer to the Auctioneers.