55 Eastern Way

About The Property

Key Features

• Unit providing 2,448 sq. ft (227.49 sq. m)
• Prominent frontage to Eastern Way
• Air-conditioned Offices
• Warehouse with gas-fired heating
• Secure yard of 4,865 sq ft (452 sq m)

LOCATION

The property is located on the Eastern Way Industrial Estate, one of the towns primary employment areas. Eastern Way is situated off Hollow Road approximately two miles east of Bury St Edmunds town centre and provides good access to the A14.

DESCRIPTION

The property comprises a detached workshop/warehouse of steel portal frame construction with mainly brick elevations under an insulated pitched roof. There is a raised sliding loading door to the rear of the unit leading to the yard area. The unit benefits from integral offices, kitchenette and WC facilities.
Internally the workshop/warehouse has gas heating, fluorescent strip lighting and a solid concrete floor. There is also a mezzanine over the offices providing further storage space. The eaves height is approximately 10.36 ft (3.16 m).
The offices have carpeted floors, plastered and emulsioned walls, strip lighting, UPVC glazed windows and air conditioning.
To the rear of the property is a secure yard with fencing and twin gates. The yard is predominantly concrete but also has a small grass area which currently has two portacabins used as further offices. There is also a detached temporary metal clad store. The portacabin and store can be removed before occupancy if required.

ACCOMMODATION

The property has the following approximate gross internal areas:
Main unit: 2,448 sq ft (227.49 sq m)
Portacabins*: 638 sq ft (60 sq m)
Metal store*: 156 sq ft (14.5 sq m)
Yard: 4,865 sq ft (452 sq m)
*Can be removed

Price

£240,000 Freehold

£18,000 per annum plus VAT Leashold

SERVICES

The property benefits from mains gas, three phase electric and mains water supply.

RATING

The property is included in the 2017 Ratings List described as “workshop and premises” with a rateable value of £11,500. 100% small business rates relief may be available to qualifying businesses. For further information please contact Anglia Revenues Partnerships on 01362 656871

LEASE TERMS

The length of term is by agreement and any tenancy will be outside the protection provisions of the Landlord & Tenant Act 1954. The Tenant will be required to maintain the unit in no worse condition than at the commencement of the lease.

ENERGY PERFORMANCE CERTIFICATE

The property has an EPC rating of E-109. Contact the agents for more information.

LEGAL COSTS

Each party to be responsible for their own legal costs on completion of this transaction. The ingoing tenant will be required to provide an undertaking to pay the Landlord’s abortive legal costs should they not proceed once solicitors are instructed.