Sanderson Building and Units 9 & 10
Ashvale Road Industrial Estate
Tuxford
NG22 0NH

£1,400,000
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Industrial Investment Opportunity

21275 sq, ft

Approximate Site Area

For Sale

Property Summary

The main premises comprise of a modern steel portal frame building, set beneath a pitched roof clad in corrugated sheeting, incorporating translucent roof lights.
The building has been sub-divided internally into various smaller partitioned units. Overall the building has a minimum 4.88 metres and 7.25 apex roof height.
In addition there is a single newly constructed industrial unit which is currently sub-divided into two, being of modern design single storey steel portal frame construction to a minimum eaves height of 4.9 metres and maximum 7.50 metre roof height.
This building is constructed of brick and blockwork, surmounted by vertical sheet cladding, lined for insulation and incorporating translucent roof lights.
The additional car park is a mixture of concrete and tarmacadam surface, providing parking for a total of sixty vehicles.

Existing Tenancies
The Sanderson Building is part let on a number of separate Tenancy Agreements with the car parking area being let separately by way of a Licence Agreement. The total rental income is currently £46,400 per annum and it is our opinion that there would be asset management opportunities available to let space which is currently vacant.

Price
Unconditional offers are invited for the Freehold Interest in
the region of £1.4m.

Viewing
Strictly by prior appointment with the Sole Agents Musson Liggins Ltd.
The Following Further Information is available –
• Tenancy Schedule
• Title information
• Business Rates Information

The subject properties are situated directly off Ashvale Road on a small industrial estate just outside the main centre of Tuxford which lies approximately half a mile to the north.
Ashvale Road has direct links with the A6075 to the north of the subject properties and connects to the A1 providing access to the National Roads Network north and south.
The A6075 to the west connects with Ollerton and the main A614 provides direct access to Nottingham City Centre approximately 30 miles distant to the south.

20,000 - 50,000 sq ft

For Further Information Contact

Jack Farrell BSc (Hons) MRICS

Experience I have worked at Musson Liggins since May 2018 having previously worked at Bairstow Eaves in Nottingham. I assist with all aspects of General Practice surveying however the majority of my time is spent dealing with commercial property agency...

Matthew Wade BSc (Hons) MRICS

Director

Professional Experience I first came to Nottingham in 1999 and my first job was as a graduate surveyor with FHP. I qualified as a chartered surveyor in 2000 and then joined Geo. Hallam & Sons and latterly Humberts where I..

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