Approximate site area of 0.20 hectares (0.50 acres)
Established Industrial Estate
Nearby occupiers include Travis Perkins, Marshalls Mono Concrete Ltd and DW Mouldings
Lot 13
Auction 26th May 2011
Rent £7,600 per Annum Exclusive
Status Sold
Price £158,000
Sector Ground Rent
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
Property Information
Location
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 south 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
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 south 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 0.20 hectares (0.50 acres) upon which has been constructed a substantial purpose built industrial building.
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 0.20 hectares (0.50 acres) upon which has been constructed a substantial purpose built industrial building.
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
4
Warehouse/ Office
1,147.44 sq m
(12,351 sq ft)
0.20
0.50
E BLAKE & G BLAKE (t/a Caltime Limited) (1)
99 years from 1st July 1974 until 2073 on a full repairing and insuring lease
£7,600
01/07/2016 and 14 yearly (2)
Totals
1,147.44 sq m (3)
(12,351 sq ft) (3)
0.20
0.50 (4)
£7,600
(1) The tenants are Directors of Caltime Limited who are currently occupying the premises. (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 do not include the mezzanine floor. (4) Please note that this area is stated in the lease but is an approximation only, purchasers are deemed to have made their own investigations.
