distribution warehouse on flexible terms

Olding Road, Bury St Edmunds, IP33 3YE

Industrial

£450,000 Rent

Floor Area 90,407 sq ft
Eaves Height
Eaves Height 9.38 m
Tenure Let

Key Information

Available From 06/12/2021
EPC D-85
Rateable Value £249,000
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About The Property

Key Details

• Fully racked distribution warehouse
• Providing approximately 90,407 sq ft (8,398.82 sq m)
• Internal eaves height of approximately 9.38 metres
• Six level access loading doors (3x dock level scissor lifts)
• Extensive yard with depth of up to 70 metres
• Within one mile of the A14 (Junction 42)

LOCATION

The property is located on Olding Road approximately one mile to the east of Junction 42 of the A14 and one mile west of Bury St Edmunds town centre. Bury St Edmunds is the administrative centre for West Suffolk and ideally located in the heart of the Eastern Region. It is served by four junctions on the A14 providing excellent access to the Midlands, the East Coast Ports and London via the M11. The town has a resident population of just over 41,000 (Census 2011).

DESCRIPTION

The property comprises a semi-detached distribution warehouse with a generous secure yard area. First and second floor offices are provided together with a second floor mezzanine storage area. The specification includes:
▪ 9.38 metre eaves height
▪ 70 metre yard (reducing to 60 metres in part)
▪ Fully racked warehouse
▪ 6 level access loading doors (3 with scissor lifts)
▪ Canopy loading to two access doors
▪ Sodium warehouse lighting
▪ Gas space heating to warehouse
▪ First & second floor offices

 ACCOMMODATION

The building provides an approximate Gross Internal Area of:

RENT

£450,000 per annum plus VAT.

RATING

The property is described in the Rating List 2017 as Store & Premises with a rateable value of £249,000.

TERMS

The property is available on a new flexible lease for a term to expire on 31 December 2022.

ENERGY PERFORMANCE CERTIFICATE

Previously D-85. Expire June 2021 and re-assessment is arranged.

LEGAL COSTS

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

Agents Responsible

Ella Forman

Graduate Surveyor – Commercial Property

01284 702626

Jonathan Lloyd MRICS

Director - Commerical Property

01284 702626

Richard Pyatt MRICS

Director – Commerical Property

01284 702626

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