COVID-19 – Important Auction Information
For Sale By Auction | 14:30, 25 February 2021

Hillside, Vinegar Hill, Hatch, Sandy, Bedfordshire, SG19 1PR

*Guide | £625,000+ (plus fees)

  • Mixed Use
  • 2 Bedrooms
  • Tenure: Freehold

Call the team on 01234 362899 for more information

Auction Date

Thu 25/02/2021

Auction Time

14:30

Auction Venue

Live Streamed Auction

Viewing Times:

Thu 14 Jan

11:00-12:30

A substantial mixed-use property that includes a detached bungalow, grassland and a range of commercial units and storage, all in the region of 6.5 acres.

Located between Bedford and Biggleswade in a semi-rural setting with excellent road access via four different entrances, this mixed-use property benefits from a sizeable detached bungalow and a range of part-let commercial units and storage. Current rental income totals £23,400 plus income from solar panels, with potential to increase the income on re-letting the vacant parts.

Tenure

Freehold

Detached Bungalow

This well-presented bungalow offers generous accommodation with large rooms that include a sitting/dining room, a kitchen breakfast room, a conservatory, utility room and two double bedrooms, both benefiting from en-suite shower rooms which are wet rooms. The bungalow is set back with a small front garden and at the rear is an enclosed low maintenance garden with a greenhouse and parking behind.

Secure Storage Bays:

To one side of the principal entrance are five fenced and gated storage areas, each offering secure outside storage similar in size to four double garages. Previously let, but currently vacant.

Building 1:

Beyond the five storage bays on the south side of the plot is a free-standing timber clad building arranged inside with offices and a kitchen. Behind is a shipping container and a small portacabin style building. Previously let, but currently vacant.

Building 2:

This is the main building and stands to the right-hand side of the yard. It is a large single storey commercial building that is divided into offices, a shop and an indoor archery school. This is let to an archery business under two leases from 01.09.19 to 31.08.34 at a total rent of £1,850/calendar month.

Workshop:

Attached to the far end of the main building (Building 2) is a secure workshop with a concrete floor, a three-phase electricity supply and some clear roof panels that allow in natural light. Previously let, but currently vacant.

Caravan Storage Area:

Beyond the primary carparking area is a further large area of hardstanding separated by secure fencing and a barrier/gates. The sellers previously operated a caravan storage business from this land.

Lock Up Stores:

To the right-hand side of the second entrance are storage buildings. Previously let, but currently vacant.

Tollhouse:

The property also includes a narrow strip of roadside verge, formerly the location of a tollhouse. This site is now vacant.

Grassland & Solar Panels:

Lying to the rear and side is open grassland. Part of this land is let to the archery business for external practice and competition under a lease from 01.09.19 to 31.08.34 at a rent of £100/calendar month. The property includes roof-mounted solar panels producing an income of approaching £4,000 per annum.

Early Viewing:

Thu 14th Jan: 11:00-12:30 Due to covid restrictions those prospective purchasers wishing to view are required to do so within one of the set viewing windows. An early viewing window is set for the date and time above and more viewings will be held in February. Please DO NOT just arrive, instead telephone or email and you will be allocated a slot.

Energy Efficiency Rating (EPC)

Current Rating TBC

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Bedfordshire County Council

Solicitors

Palmers Solicitors LLP, Palmers Solicitors LLP, Hassett House, Hassett Street, Bedford, MK40 1HA, Ref: Yagnesh Shah - yshah@palmers.co.uk, Tel: 01234 211161

Additional Fees

Buyer's Premium - There is no Buyer's Premium payable on this lot.

Administration Charge - Purchasers will be required to pay an administration fee of £1,200 incl. VAT.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.