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Bedford: 01234 351000 (Sales, lettings and viewing enquiries)
01234 352201 (Professional services and general enquiries)
Buckingham: 01280 428010
7, Gateshead Close, Sandy, Bedfordshire, SG19 1RS
£1,900,000 O.I.R.O.
Description

Tenure: Freehold

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

  • 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%
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Call or email Milena Horrocks on 01234 362939mph@robinsonandhall.co.uk
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