LOT 40

Units 1-4, Manton Industrial Estate, 16 Murdock Road, Bedford, Bedfordshire, MK41 7PD

FREEHOLD COMMERCIAL INVESTMENT
Guide price: Withdrawn*

Auction Date

Monday, 10th October 2016 11:00am

Location & Description

A commercial investment secured upon four adjoining industrial/commercial units. On the established Manton Industrial Estate, about 1½ miles north of Bedford town centre, a busy market town approximately 40 miles north of London, which via the A421 links to the A1 to the east and with Junction 14 of the M1 to the west.

EQUIVALENT TO £47,500 p.a.

EPC Rating

On application

Property Features

  • 11,690 sq ft
  • Established Industrial Area
  • Equivalent £47,500 p.a.

Status

Withdrawn Prior to Auction.

Accommodation

1 2 3 4 5 6
Unit Tenant GIA Lease Term Rent p.a. Comments
1-2 Avenia's Garage 6,077 sq ft 5 years from September 2007 £25,000 Car Repairs (holding over)
3 Cairnvale Ltd 2,993 sq ft 5 years from December 2015 £12,500 Tenant break clause in November 2018 s24-28 excluded
4 Mr Farock 2,620 sq ft 5 years from February 2014 £10,500 Tenant break clause in February 2016 s24-28 excluded
Total: 11,690 sq ft £47,500

Joint Auctioneer

Brasier Freeth Tel: 01923 205521

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.