Unit 2, Martin Close Blenheim Industrial Estate Nottingham Nottinghamshire NG6 8UW

Unit 2, Martin Close
Blenheim Industrial Estate
Nottingham
Nottinghamshire
NG6 8UW

Well Located Industrial Investment

  • Let to SGS United Kingdom Limited on a new 10 year lease (subject to option)
  • Prominent corner position in a well established industrial estate
  • Close to city centre and M1 Motorway (Junction 26)
  • Approximate site area of 0.29 hectares (0.72 acres)
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    72
  • Auction
    23rd March 2016
  • Rent
    £47,500 per Annum Exclusive
  • Status
    Sold
  • Price
    £584,000
  • Sector
    Industrial/Warehouse
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
Important Update
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* More information on the term "guide" can be found here

Well Located Industrial Investment

  • Let to SGS United Kingdom Limited on a new 10 year lease (subject to option)
  • Prominent corner position in a well established industrial estate
  • Close to city centre and M1 Motorway (Junction 26)
  • Approximate site area of 0.29 hectares (0.72 acres)
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 72
  • Auction 23rd March 2016
  • Rent
  • Status Sold
  • Price £584,000
  • Sector
    Industrial/Warehouse
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP

Property Information

Location
Miles
5 miles north-west of Nottingham,16 miles north-east of Derby, 32 miles south-east of Sheffield
Roads
A6002, A610, M1 (Junction 26)
Rail
Bulwell Rail
Air
East Midlands Airport
Situation

The property is situated in the well established 60 acre Blenheim Industrial Estate in Nottingham’s principal industrial estate, located just 2 miles from of the M1 Motorway (junction 26) and 5 miles north-west of the city centre. The property occupies a prominent corner position on Martin Close at its junction with Bennerley Road.

Tenure

Long Leasehold. Held from Nottingham City Council for a term of 125 years from 25th March 1984 at a peppercorn rent.

Location
Miles
5 miles north-west of Nottingham,16 miles north-east of Derby, 32 miles south-east of Sheffield
Roads
A6002, A610, M1 (Junction 26)
Rail
Bulwell Rail
Air
East Midlands Airport
Situation

The property is situated in the well established 60 acre Blenheim Industrial Estate in Nottingham’s principal industrial estate, located just 2 miles from of the M1 Motorway (junction 26) and 5 miles north-west of the city centre. The property occupies a prominent corner position on Martin Close at its junction with Bennerley Road.

Tenure

Long Leasehold. Held from Nottingham City Council for a term of 125 years from 25th March 1984 at a peppercorn rent.

Description

The property comprises a substantial detached industrial unit with self-contained office accommodation and three loading doors. The property benefits from a large service yard with an approximate total site area of 0.29 hectares (0.72 acres).

VAT

VAT is not applicable to this lot.

EPC

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

Description

The property comprises a substantial detached industrial unit with self-contained office accommodation and three loading doors. The property benefits from a large service yard with an approximate total site area of 0.29 hectares (0.72 acres).

VAT

VAT is not applicable to this lot.

EPC

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

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
Ground
Ground
Industrial
Office/Ancillary
861.5 sq m
979.0 sq m
(9,273 sq ft)
(1,265 sq ft)
SGS UNITED
KINGDOM
LIMITED (1)
10 years from 23/10/2015 until
22/10/2025 on a full repairing
and insuring lease (2)
£47,500 23/10/2020
(3)
Totals
1,840.5 sq m
(10,538 sq ft)
    £47,500

(1) For the year ending 31st December 2014, SGS United Kingdom Limited reported a turnover of £130,377,000, pre-tax profits of £14,696,000 and a total net worth of £33,738,000. (Source: www.riskdisk.com 16/02/2016)
(2) The lease is subject to a schedule of condition.
(3) The lease provides an option determine on 23rd October 2020.

Property Documents

  • Catalogue Page
    Updated Date
    30.10.19
    File Size
    657 KB
    View PDF
  • Site Plan
    Updated Date
    30.10.19
    File Size
    50 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Associate Auctioneers
Mitchell Dodd Chartered Surveyors 4 Clarendon Street
Nottingham
NG1 5HQ
Phillip Dodd 0115 950 3535pdodd@mitchelldodd.co.uk
Seller's Solicitors
HLW Keeble Hawson Protection House, 16 - 17 East Parade
Leeds
LS1 2BR
Doug Mckillop 0113 399 3404dougmckillop@hlwkeeblehawson.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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