SOLD

TypeIndustrial Investments · Open Storage · Light Industrial units

NG34 Garden Trading Estate, Hadley Road, Sleaford

TenureFor sale

Garden Trading Estate, Hadley Road, Sleaford, NG341/1

Specification

Building size
Building size15,488sqft
Property type
Property typeIndustrial Investments · Open Storage · Light Industrial units
Tenure
TenureFor sale

Description

The Property comprises a prominent and good quality industrial warehouse estate.

The Property is located on the popular Woodbridge Road Trading Estate.

Multi-let industrial accommodation comprising 6 units together with 2 parcels of (surfaced) land for open storage. The built accommodation totals 1,438.84 sq m (15,456 sq ft).

The Property is located within proximity of the A52 and A17 leading directly to the A1 motorway, situated 16 miles to the west.

The Property is held freehold subject to the individual leases attached.

The Property is let to 7 individual tenants generating a rent of £58,668 per annum, equating to a low overall passing rent of £3.65 per sq ft across the industrial units.

Site area of circa 1.97 acres (0.80 hectares) (stss) with a low site coverage of only 20% approximately.

The Gross Internal Floor Area totals 1,438.84 sq m (15,488 sq ft).

The Property is let to 7 individual tenants generating a rent of £58,668 per annum, equating to a low overall passing rent of £3.65 per sq ft across the individual units.

Location

Sleaford is a popular market town with good range of local amenities and facilities to include retail outlets, banks, restaurants, doctors, dentists, various schools, sports and leisure clubs.

According to the 2011 census the town had a population 17,621.

The AA15 and A17 main roads by-pass the town and provide useful road links. The town has a railway station, which is located on the Skegness to Nottingham line. Connections can be made from Grantham onto the east coast main line to LondonCCs Kings Cross.

Map