Edmundson Electrical Unit 1 Ward Road Bletchley Buckinghamshire MK1 1JA

Edmundson Electrical Unit
1 Ward Road
Bletchley
Buckinghamshire
MK1 1JA

Freehold Trade Counter Investment

Let to Edmundson Electrical Limited
stablished Industrial location close to the A5 and M1
Nearby occupiers include Hydrafeed, Holophane, Mitsubishi Motors and Hoo Hing Oriental Foods
Six Week Completion Available

Lot
38
Auction
6th December 2012
Rent
£35,000 per Annum Exclusive
Status
Sold
Price
£320,000
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

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Freehold Trade Counter Investment

Let to Edmundson Electrical Limited
stablished Industrial location close to the A5 and M1
Nearby occupiers include Hydrafeed, Holophane, Mitsubishi Motors and Hoo Hing Oriental Foods
Six Week Completion Available

Lot 38
Auction 6th December 2012
Rent £35,000 per Annum Exclusive
Status Sold
Price £320,000
Sector
Trade Counter/Builders Merchants
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP

Property Information

Location

Miles: 4 miles south of Milton Keynes, 27 miles north-west of Hemel Hempstead; 55 miles north-west of London
Roads: A5, A421, M1, M40
Rail: Bletchley Mainline Station (41 minutes to London Euston)
Air: Luton Airport

Situation

The property is situated on an established industrial area, approximately 1 mile from Bletchley town centre and benefits from excellent communication routes, via the A5 and the M1 (Junction 14). Both Bletchley and Fenny Stratford railway stations are close by and nearby occupiers include Hydrafeed, Holophane, Mitsubishi Motors and Hoo Hing Oriental Foods.

Tenure

Freehold.

Location

Miles: 4 miles south of Milton Keynes, 27 miles north-west of Hemel Hempstead; 55 miles north-west of London
Roads: A5, A421, M1, M40
Rail: Bletchley Mainline Station (41 minutes to London Euston)
Air: Luton Airport

Situation

Tenure

Freehold.

Description

The property comprises a single storey trade counter unit with integral office accommodation. There is a yard area to the front and side of the property which is used for customer and staff parking. The site area is approximately 0.159 hectares (0.39 acres) with a site coverage of approximately 43%.

VAT

VAT is applicable to this lot.

EPC

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

Description

VAT

VAT is 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	Review/(Reversion)
Ground	Warehouse	642 sq m	(6,907 sq ft)	EDMUNDSON ELECTRICAL LTD (1)	10 years from 31/08/2007 on a full repairing and insuring lease	£35,000	31/08/2012 (30/08/2017)
Totals		642 sq m	(6,907 sq ft)			£35,000

1) For the year ending 31st December 2012, Edmundson Electrical Limited reported a turnover of £1,022,993,000, a pre-tax profit of £56,948,000 and a total net worth of £250,243,000. (Source: riskdisk.com 08/11/2012). Edmundson Electrical Limited is one of the leading distributors of electrical equipment to trade and industry in the UK and trades from over 250 locations in the UK.
(Source: www.edmundson-electrical.co.uk 09/11/2012)