offices for sale

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OFFICES FOR SALE Bury St Edmunds

01284 702655

www.b

Red Cross House, Lamdin Road, Bury St Edmunds, Suffolk, IP32 6NU Price: OIEO £470,000 

Of interest to owner occupiers / investors



Rare freehold opportunity



Two storey detached office & stores

Size: 366.69sqm (3,947sqft) NIA 

On site car parking for 31 cars



Available with vacant possession



Popular commercial location

Voted by the Estates Gazette ‘Most Active Regional Agent in Cambridgeshire 2012, 2013, 2014, 2015’

Bury St Edmunds



Cambridge



Huntingdon



Peterborough

LOCATION

PLANNING

Bury St Edmunds is an affluent market town in West Suffolk, situated approximately 29 miles from Ipswich, 30 miles from Cambridge with excellent road communications via the A14 arterial road.

We understand the property to have consent for B1 office use however interested parties are advised to make their own enquiries of St Edmundsbury Borough Council as to the suitability of their proposed use.

Lamdin Road is an established commercial location on the northern outskirts of the town and is home to a number of industrial, trade, leisure and showroom uses.

BUSINESS RATES From enquiries made of the Valuation Office Website the available suites are assessed as a whole with a rateable value of £29,500 (2017 Assessment). This will need to be reassessed if the suites are taken in combinations.

DESCRIPTION The property was constructed in the late 1980s, and comprises a two storey detached office and stores with brick elevations, under a pitched tiled roof, with a single storey extension that is used for storage.

For the year commencing 1 April 2017 rates will normally be charged at 47.9p in the pound over £51,000 RV and 46.6p under £51,000 RV. However the amount may be affected by transitional adjustments or small business rates relief and could be higher or lower - interested parties are advised to check with the local Council.

The ground floor consists of a reception area, office and large storage / workshop rooms. In addition there is a male, female and disabled WC as well as a fitted kitchen. There property benefits from a small stationary lift with a loading capacity of 100kg close to the entrance and a staircase ascending to the first floor.

PRICE Offers in excess of £470,000 plus VAT are invited for the freehold interest. We understand that VAT will be charged on the purchase price.

The first floor comprises a series of cellular offices off a central corridor, and a large training room. The offices are carpeted throughout with plaster ceilings, fluorescent lighting, central heating and double glazed windows throughout.

LEGAL COSTS Each party is to bear their own legal costs.

FLOOR AREAS Ground Floor: Garage:

175.52 sqm 19.90 sqm

(1,889 sqft)

VIEWING

(214 sqft)

Strictly by appointment with the sole agents:-

First Floor:

171.27 sqm

Total NIA:

366.69 sqm (3,947 sqft)

Barker Storey Matthews

(1,844 sqft)

Davies House, 4 Hillside Business Park, Kempson Way, Bury St Edmunds, Suffolk, IP32 7EA

All measurements above are approximate.

Contact:

SERVICES

Simon Burton

[email protected]

Steven Mudd

[email protected]

Mains electricity and water are available to the premises. Interested parties are however advised to make their own enquiries of the relevant service providers. No warranty can be given in respect of the condition or working order of services, fixtures and fittings.

(01284) 702655

Or Joint Sole Agents

CAR PARKING The property benefits from 31 car parking spaces.

Mark Wordsworth

[email protected]

Ed Bunbury

[email protected]

4778/160830 Note: Barker Storey Matthews is the trading name of BSMH Ltd. Reg No. 2566342. These particulars do not constitute or form any part of an offer or contract nor may they be regarded as representations. All interested parties must themselves verify their accuracy. All measurements are approximate. Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax. NIA Refers to Net Internal Area. Where appropriate or stated IPMS 3 relates to the International Property Measurement Standards 1st Edition. A definition can be found at: www.ipmsc.org/standards/office

Bury St Edmunds



Cambridge



Huntingdon



Peterborough

ORDNANCE SURVEY PLAN THIS PLAN IS REPRODUCED FROM THE ORDNANCE SURVEY MAP WITH THE PERMISSION OF THE CONTROLLER OF HER MAJESTY’S STATIONERY OFFICE, © CROWN COPYRIGHT RESERVED. THIS PLAN IS PUBLISHED FOR IDENTIFICATION PURPOSES ONLY AND ALTHOUGH BELIEVED TO BE CORRECT, ITS ACCURACY IS NOT GUARANTEED AND IT DOES NOT FORM PART OF ANY CONTRACT. LICENCE NO. 100003928