7 Holborn Avenue

Mildenhall, IP28 7AN

Industrial

Floor Area 5,245 sq ft
Site Area
Site Area 0.39 acres (0.157 ha)
Eaves Height
Eaves Height 3.67 metres
Tenure For Sale

Key Information

Available From 20/04/2020
EPC D-88
Rateable Value £14,500
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About The Property

Location
The property is situated on Holborn Avenue which forms part of the Mildenhall Industrial Estate, approximately one mile north of the town centre. Mildenhall is situated adjacent to the A11, which provides excellent access between Norwich and the A14/M11 linking the eastern coastal ports to the Midlands. The military bases of RAF Mildenhall & RAF Lakenheath are both within close proximity to the property.

Description
The property comprises a modern, well presented light industrial /warehouse unit set on a generous and secure yard. The property is of steel portal frame construction with part brick/part profile steel clad elevations and an insulated profile steel roof. The generous yard is predominantly laid to concrete.
Internally the warehouse/workshop provides column free accommodation accessed from a gable end roller shutter door and with an internal eaves height of 3.67m rising to 6.1m at the apex. The warehouse lighting is fluorescent strip and a gas space heater is installed.
The office accommodation comprises an entrance lobby, reception office and four further offices together with a good sized kitchen and staff break out area. The first floor provides five office rooms, male & female WCs and a cupboard/server room. The office specification includes fluorescent lights with diffusers, timber framed double glazed windows and Cat 5 cabling. An intruder alarm is also installed.
Externally ample car parking is provided within the secure fenced and gated yard area.

Accommodation

The following approximate gross internal floor areas are provided:

Warehouse/production - 2,997 sq ft

Ground floor Offices & ancillary - 1,122 sq ft
First floor offices - 1,126 sq ft
TOTAL (GIA) - 5,245 sq ft

The overall site extends to approximately 0.387 acres (0.157 ha).

Tenure
A new lease on full repairing and insuring terms to be agreed. Alternatively a sale of the freehold interest with vacant possession may be considered.

Rent & Price
Rent - £30,000 per annum, exclusive of VAT.
Price - £495,000 exclusive of VAT.

Business Rates
The building has a rateable value of £14,500

VAT
The Landlord retains the right to charge VAT on the rent and service charge.

Agents Responsible

Ella Forman

Graduate Surveyor – Commercial Property

01284 702626

Richard Pyatt MRICS

Director – Commerical Property

01284 702626

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