Investment For Sale Network 25, Mark Street, Sandiacre, Nottingham

Sandiacre is a popular town in the Erewash district of Derbyshire, 5.5 miles west of Nottingham and 9.5 miles east of Derby.

Mark Street Industrial Estate is located south of Station Road (the B5010). Station Road is a main thoroughfare through Sandiacre providing an excellent range of shops, restaurants and town centre conveniences. Nearby occupiers include Lidl, Burger King and the highly regarded La Rock Restaurant.

Mark Street Industrial Estate is one of the larger industrial sites in the locality with occupiers include My-Furniture and DX Network Services.

Commuter and public transport links are provided via J25 of the M1 Motorway just 1.5 miles southwest.

Warehouse A1 (Owner occupied). 3 level access doors, 2 storey office block, 6.2m eaves, 8.75m apex.

Warehouse A1 Extension (Owner occupied). Constructed 2020, 2 level access doors, 8.9m eaves.

Warehouse A2 (Owner Occupied). 2 dock level doors, 2 level access doors, 6.2m eaves, 9m apex.

Warehouse A3 (Tenanted). 3 level access doors, 2 storey office block, 6.2m eaves, 9.3m apex.

The accommodation has been measured on a Gross Internal Area GIA) in accordance with the RICS Code of Measuring practice.

We understand the property has been use for B8 (Storage or distribution) of the Town and Country Planning (Use Classes) Order 1987. All parties should confirm the planning position with the relevant Local Authority.

We understand all mains services including Three Phase Electric are connected to the property. Electricity is sub metered for the tenanted parts. The agents give no guarantee in respect of connectivity or capacity and interested parties must rely on their own investigations.

The property is currently listed as warehouse and premises on VOA.gov.uk with two ratable values as follows.
£490,000 1 & Block A3, £320,000 Block B

Leasehold

Unit A3 and Unit A2a are let to Hpasia Ltd, with Hungrypanda Ltd as guarantor, for a contractual term from 1 September 2025 to 30 September 2028. The current rent passing is £357,500 per annum. The lease is effectively full repairing and insuring, subject to a Schedule of Condition, and is contracted out of sections 24-28 of the Landlord and Tenant Act 195

The vendor WWW.MY-FURNITURE.COM LTD is in occupation of A1, A1 Extension and A2B, they are open to proposals for a lease back for majority of this space.

Should you require any further information or would like to arrange an inspection, please contact the agent.

£9,950,000 for the Freehold. All figures are quoted exclusive of VAT, we are advised the property is registered for VAT which is applicable at the prevailing rate.

A (12) - C (66)

Please check our website. Physical viewings with proceedable parties can be arranged on request by contacting our commercial property agents. OMEETO do not take any responsibility for any loss or injury caused whilst carrying out a site visit.