rare freehold opportunity

Unit 34 Eastern Way, Bury St Edmunds, IP32 7AB

Industrial

£625,000

Floor Area 7,755 sq ft
Parking
Parking Approx. 8 spaces
Eaves Height
Eaves Height 3.5m
Tenure For Sale

Key Information

Available From 20/08/2021
EPC E-103
Rateable Value £23,250
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About The Property

Key Details

• Rare Freehold Opportunity
• Established Industrial Estate
• Good access to the A14
• On site car parking for approx. eight vehicles
• Secure yard with three raised loading doors.

LOCATION

Bury St Edmunds is an attractive and prosperous market town which forms the commercial and administrative centre of West Suffolk. The town lies 30 miles east of Cambridge, 26 miles west of Ipswich and 70 miles north of London. The town has excellent road connections serving East Anglia and linking to the national motorway network via the A14 & A11. Rail services are provided with direct trains to Cambridge (42 minutes), Ipswich (38 minutes) and services to London Kings Cross (1 hour 38 mins).

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 premises comprise a detached industrial building with integral front offices, onsite car parking for approximately eight vehicles and a secure rear yard.

The property is of steel portal frame construction with mainly brick elevations, with timber cladding at the front and under a pitched insulated steel profile laminate coated roof. The warehouse benefits from a concrete floor, newly fitted UPVC double glazed windows, fluorescent strip lighting and a gas fired space heater. The warehouse has an eaves height of approximately 11 ft (3.5 m) and 3 phase electricity.

A side extension was added to the warehouse in circa 2006 giving further storage or production space under a flat roof and provides an additional loading door to the rear yard. In addition there is a steel framed mezzanine floor to part and further storage space above the offices.

To the front of the property are the offices, comprising carpeted flooring, electric heating and fluorescent strip lighting. There are also WC and kitchenette facilities.Externally there is a secure rear yard providing further parking and access to the three raised loading doors. There are also four storage containers on the yard which are included within the sale.

ACCOMMODATION

Warehouse & Offices - 4,869 sq ft (452.4 sq m)

Side Extension - 1,998 sq ft (185.6 sq m)

Mezzanine - 888 sq ft (82.5 sq m)

Total - 7,755 sq ft (720.5 sq m)

PRICE

£625,000 no VAT.

RATING

The property is described in the Rating List 2017 as Factory & Premises with a rateable value of £23,250

TENURE

The property is available freehold with vacant possession.

ENERGY PERFORMANCE CERTIFICATE

E-103. A full copy of the EPC is available from the agents

LEGAL COSTS

Each party to be responsible for their own legal costs on completion of this transaction. The purchaser will be required to provide an undertaking to pay the sellers 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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