Commercial Property with Investment and Development ... - Realla

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Ipswich office, Buttermarket

01473 232 701

The Lindos Centre, Saddlemakers Lane, Melton, Suffolk, IP12 1PP

Freehold For Sale 

Located 1 mile from A12, north of Woodbridge



666 sq. m. (7,172 sq. ft.) N.I.A. on 0.32 ha. (0.79 acres)



Part let and producing a rental income of £26,170 p.a.x.

Most active agency in Suffolk and North Essex Estates Gazette (February 2014)

Commercial Property with Investment and Development Potential

Details Location Melton village is to the north of Woodbridge, a popular market town with a resident population of approximately 11,000. The property is located in Saddlemakers Lane, which provides access to the A12 within 1 mile. The A12 provides road communications with the County Town of Ipswich 10 miles to the southwest and Felixstowe, 14.5 miles to the south. BT’s research establishment, Adastral Park and the adjoining Martlesham Heath Industrial Estate are within about 4.8 miles. Description The Lindos Centre comprises a steel portal frame building with brick/blockwork cladding to the elevations and profile sheet cladding above and to the roof. The majority of the accommodation is upon ground floor level, together with mezzanine storage to the rear and a further mezzanine area to the front, currently unfitted but providing potential for additional accommodation. The specification of the accommodation includes gas fired underfloor heating, suspended ceilings incorporating recessed lighting and perimeter trunking to office areas. The internal configuration of the building is shown on the floor plan on the back page. The front section comprises self contained offices, the middle section comprises a multiple purpose sports hall, fitted with sodium lighting and the rear section comprising further offices, stores and workshop accommodation, the latter being fitted with comfort cooling. Kitchen, male, female and disabled WC facilities are provided, together with a hoist and stairs serving the mezzanine storage area. A second building comprises a single storey property of brickwork construction under a pitched tiled roof and providing five consulting rooms/offices, kitchen, male and female WC facilities. The specification includes UPVC windows, gas fired central heating, surface mounted fluorescent lighting and carpet floor coverings. Externally, a forecourt provides parking for approximately 9 vehicles together with marked out spaces for 25 vehicles in the main car park. In total the site extends to approximately 0.32 hectares (0.79 acres) and is shown on the site plan edged red for identification purposes only.

The property includes a solar PV installation, fitted in February 2012. The owner of the property benefits from feed in tariff payments and further details are available upon request. Accommodation The premises provide the following approximate gross and net internal floor areas: The Lindos Centre Registrar’s Office Sports Hall Offices/Workshop Mezzanine WCs Total

Gross Internal Floor Area 149.54 sq.m. (1,610 sq.ft.) 249.53 sq.m. (2,686 sq.ft.) 232.66 sq.m. (2,504 sq.ft.) 124.90 sq.m. (1,344 sq.ft.) 756.63 sq.m. (8,144 sq.ft.)

Registrar’s Office Sports Hall Offices/Workshop Mezzanine WCs Total

Net Internal Floor Area 125.61 sq.m. (1,353 sq.ft.) 189.00 sq.m. (2,034 sq.ft.) 202.39 sq.m. (2,179 sq.ft.) 73.87 sq.m. ( 795 sq.ft.) 590.87 sq.m. (6,361 sq.ft.)

Consulting Rooms Building Office 1 Office 2 Office 3 Office 4 Office 5 Kitchen WC’s Total

Net Internal Floor Area 10.75 sq.m. (116 sq.ft.) 10.74 sq.m. (116 sq.ft.) 14.51 sq.m. (156 sq.ft.) 17.10 sq.m. (184 sq.ft.) 16.84 sq.m. (181 sq.ft.) 5.37 sq.m. ( 58 sq.ft.) 75.31 sq.m. (811 sq.ft.)

Tenancies The area shown edged green on the floor plan is let to Suffolk County Council and used as a Registrar’s office, the floor area being as referred to above. The lease is for a term of 5 years from 1st February 2013, at a rent of £22,945 per annum. The lease incorporates annual, mutual break clauses on 6 months notice and is contracted out of the 1954 Landlord and Tenant Act. The tenant pays a service charge in a fixed sum, increasing each year. The tenant's demise includes the forecourt parking area and the tenant has the right of shared use of the toilet facilitieS.

Particulars for The Lindos Centre, Saddlemakers Lane, Melton, Suffolk, IP12 1PP

The purple area shown on the floor plan is known as South Unit 2 and comprises an electronics workshop, let to Lindos Electronics and extending to 56.41 sq.m. (607 sq.ft.). The tenant also has shared use of the workshop and kitchen area shown coloured orange on the plan. The tenant pays a rent of £3,225 per annum and a service charge of £4,515 per annum, including an allowance for business rates, heating, lighting, insurance etc. The tenant has the right to use one car parking space and the toilet facilities. The lease will expire on 31 December 2015 when the tenant will vacate.

Business Rates

The remainder of the property is to be sold with vacant possession upon completion .

Suffolk Coastal District Council Melton Hill Woodbridge Suffolk, IP12 1AU

Planning It is understood that the site was originally used as a vehicle servicing depot before being occupied by a cosmetics business and more recently used as an electronics factory. The current Lindos Centre building was completely rebuilt in 1997. The sports hall has planning consent for Class D2 use, subject to conditions relating to hours of use and noise levels (ref: C98/1363).

The property is assessed as follows: Registrar's Office Rateable Value: £11,250 Rates Payable (2014/2015): £5,298,75 per annum Lindos Centre and Consulting Rooms Building Rateable Value: £32,000 Rates Payable (2014/2015): £15,072 per annum Local Authority

Tel: 01394 383789

Terms Offers are invited in the region of £610,000 for the freehold interest, subject to the leases referred to above. The sale price will be subject to VAT.

The consulting room building has planning permission for such use, within Class D1 of the Town and Country Planning (Uses Classes) Order 1987. The permitted hours of use are 8.00am to 9.30pm Monday - Saturday, excluding bank holidays (ref: C97/0196).

Viewing

The vendor has submitted a planning application for the change of use of the consulting room building to enable it to be occupied as a residence in association with the main Lindos Centre. Further details are available upon request.

01473 232 701

Strictly by prior appointment with the sole agents: Fenn Wright 1 Buttermarket, Ipswich, IP1 1BA

fennwright.co.uk Contact Alistair Mitchell [email protected]

Services We understand that the property is connected to mains water, gas, electricity and drainage. Lindos Centre North End

Lindos Centre South End

Particulars for The Lindos Centre, Saddlemakers Lane, Melton, Suffolk, IP12 1PP

Consulting Rooms Building

FRONT FLOOR PLAN — NOT TO SCALE

NOT TO SCALE - FOR IDENTIFICATION PURPOSES ONLY

For further information

01473 232 701 fennwright.co.uk

Fenn Wright for themselves and for the vendors or lessors of this property whose agents they are give notice that: i.

The particulars are set out as a general outline for the guidance of intending purchasers or lessees; and do not constitute, nor constitute part of, an offer or contract.

ii. All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or lessees should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. iii. The vendor or lessor does not make or give, and neither Fenn Wright nor any person in their employment has the authority to make or give, any representation or warranty whatsoever in relation to this property. iv. All statements contained in these particulars as to this property are made without responsibility on the part of Fenn Wright or the vendor/lessor. v. All quoting terms may be subject to VAT at the prevailing rate from time to time. vi. Fenn Wright have not tested any electrical items, appliances, any plumbing or heating systems and therefore, cannot give any warranty or undertaking as regards their operation or efficiency.

Particulars for The Lindos Centre, Saddlemakers Lane, Melton, Suffolk, IP12 1PP

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