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1 Gosforth Close 10,538 sq ft Industrial Property Sandy SG19 1RB £500,000 (£47.45/sq ft)
Investment Highlights
- Part of the Middlefield Industrial Estate in Sandy
- Also benefits from quick access to the A603 & B1042 linking Sandy east-west to the nearby town of Bedford
- Nearby road links include the A1 just west of Sandy town centre
Executive Summary
Offers in excess of £500,000 exclusive for the remainder of the 99 year long leasehold interest that commence on the 25th March 1981 with approximately 54 years remaining.
Self contained, fenced and gate site of 1 acre with detached warehouse / industrial unit, ample parking and yard area to the rear. Constructed as two adjoining units and combined internally the premises comprise offices and staff welfare to the front, and main warehouse areas across the remainder of the building. Eaves height approximately 2.9m and ridge height of 4m.
The long lease is for a term of 99 years from the 25th March 1981 with an unexpired term of approximately 54 years. The ground rent payable is £28,300 per annum. The lease provides for reviews of the ground rent every 10th year of the term and the next review is in March 2031. Interested parties are strongly advised to seek financial advice as the short term nature of the long leasehold interest may not comply with lending criteria.
Self contained, fenced and gate site of 1 acre with detached warehouse / industrial unit, ample parking and yard area to the rear. Constructed as two adjoining units and combined internally the premises comprise offices and staff welfare to the front, and main warehouse areas across the remainder of the building. Eaves height approximately 2.9m and ridge height of 4m.
The long lease is for a term of 99 years from the 25th March 1981 with an unexpired term of approximately 54 years. The ground rent payable is £28,300 per annum. The lease provides for reviews of the ground rent every 10th year of the term and the next review is in March 2031. Interested parties are strongly advised to seek financial advice as the short term nature of the long leasehold interest may not comply with lending criteria.
Property Facts
| Price | £500,000 | Total Plot Size | 0.34 ac |
| Price per sq ft | £47.45 | Net Internal Area (NIA) | 10,538 sq ft |
| Sale Type | Investment or Owner Occupier | No. Floors | 1 |
| Tenure | Freehold | Year Built | 1981 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Allocation | 1.52/1,000 sq ft |
| Costar Property Class | C |
| Price | £500,000 |
| Price per sq ft | £47.45 |
| Sale Type | Investment or Owner Occupier |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | C |
| Total Plot Size | 0.34 ac |
| Net Internal Area (NIA) | 10,538 sq ft |
| No. Floors | 1 |
| Year Built | 1981 |
| Tenancy | Single |
| Parking Allocation | 1.52/1,000 sq ft |
Amenities
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1 Gosforth Close
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