Unit 7B Gateshead Close, Sandy, Bedfordshire, SG19

Offers in region of

£1,900,000

Size

15,786

Tenure

Freehold

EPC

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Parking

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Primary use
Storage
Other use(s)
Light industrial

No floor / site plan

Key features

  • Rare Freehold Multi-Let Industrial Investment extending to approximately 15,786 sq ft (1,466 sq m)
  • Strategically located with good links to A1, M1 and A14
  • Site extending to 1.07 acres (0.43 hectares) with a low density of 21%
  • Fully let to four tenants producing a combined rental income of £131,700 per annum
  • Net Initial Yield of approximately 6.5%

Description

The property comprises a detached industrial building of steel portal frame construction, built in the 1990s and configured as three industrial/warehouse units together with a self-contained two-storey office building, extending to approximately 15,786 sq ft (1,466sq m).

The warehouse units benefit from a 6 metre eaves height, roller shutter loading doors and secure yard depths of up to 20 metres.

Approximately 0.4 acres of surplus land providing potential for future expansion, subject to the necessary planning consents.

Accommodation
Unit 7A Ground Floor (GIA) 3,458 sq ft / 321.20 sq m
First Floor (NIA) 630 sq ft / 58.50 sq m
4,088 sq ft / 379.70 sq m

Unit 7B Ground Floor (GIA) 2,412 sq ft / 224 sq m
Mezzanine 204 sq ft / 18.90 sq m
2,616 sq ft / 242.90 sq m

Unit 7C Ground Floor (GIA) 2,413 sq ft / 224.10 sq m
Mezzanine 1,393 sq ft / 129.40 sq m
Staff Room (GIA) 112 sq ft / 10.40 sq m
3,918 sq ft / 363.90 sq m

Unit 7 Ground Floor (NIA) 1,494 sq ft / 138.80 sq m
First Floor (NIA) 3,670 sq ft / 340.90 sq m
5,164 sq ft / 479.70 sq m

TOTAL 15,786 sq ft / 1,466.20 sq m


The Property occupies a prominent position on the established Sunderland Road industrial estate on the northern outskirts of Sandy. Sandy lies approximately 20 miles north of Stevenage, 9.5 miles east of Bedford, 18 miles south of Huntingdon and 23 miles west of Cambridge.

The A1 provides excellent connectivity to the national motorway network, with convenient access to the M1 and A14, making the property well positioned for regional and national distribution.

The Property is located on Gateshead Close, which leads directly onto Sunderland Road. The property sits within an established industrial park, adjacent to a larger park which includes occupiers such as All-Fill International and Marshalls PLC.


Details available upon application.

From information obtained from the Valuation Office Agency website the property has current rateable values:

Unit 7A - £34,500 Unit 7 GF - £12,000
Unit 7B - £23,750 Unit 7 FF - £38,750
Unit 7C - £32,250

Please note it is the proposed tenant's responsibility to fully satisfy themselves and verify the business rates by contacting the local authority.




Freehold.

Rare Freehold Multi-Let Industrial Investment extending to approximately 15,786 sq ft (1,466 sq m)

Strategically located with good links to A1, M1 and A14

Site extending to 1.07 acres (0.43 hectares) with a low density of 21%

Fully let to four tenants producing a combined rental income of £131,700 per annum

Net Initial Yield of approximately 6.5%
Additional information
Clear height
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Yard depth
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Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

Unit 7B Gateshead Close, Sandy, Bedfordshire, SG19

NEAREST STATIONS

National Rail

Sandy Station

0.99 miles

National Rail

Biggleswade Station

3.89 miles

About Robinson & Hall LLP Commercial, Bedford

Robinson & Hall LLP Commercial, Bedford

Robinson & Hall, Land and Property Professionals, are a regional firm of Chartered Surveyors, Auctioneers, Planners and Estate Agents. Founded in 1882, we have developed into a modern multi-disciplinary practice offering a comprehensive range of services, including Residential Lettings, Commercial Sales and Lettings, Auctions, Rural Property & Business, Planning & Development, Renewable Energy and Architecture & Building Surveying.

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Disclaimer - Property reference 1523FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Robinson & Hall LLP Commercial, Bedford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.