industrial for sale/ to let - Realla

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INDUSTRIAL FOR SALE/ TO LET Mildenhall, Suffolk

01284 702655

www.b

Alpha One, Chiswick Avenue, Mildenhall, Suffolk, IP28 7AX Size: 3,603.34sqm (38,786sqft) Price: £1,250,000

Rent: £140,000pax



Substantial warehouse building with loading and parking



Potential to increase parking and loading areas



Set on site of approx. 1.8acres



Good access to A11



6m eaves in main building



2 level loading doors

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

Bury St Edmunds



Cambridge



Huntingdon



Peterborough

LOCATION

PLANNING

The property is located at the junction between Field Road and Holborn Avenue which is less than 2 miles from Mildenhall High Street. This well established estate, located adjacent to Mildenhall air base, has good access to the A11, which has recently been duelled between Barton Mills and Thetford, providing access to both Norwich, Newmarket and the national motorway network.

The property has been used for storage and distribution of tyre and wheel related products and would be suitable for similar uses. Interested parties are advised to make their own enquiries of Forest Heath District Council as to the suitability of their proposed use.

DESCRIPTION

We understand from internet enquiries made from the VOA website that the property has a rateable value of £96,000 (2010 List).

BUSINESS RATES

The property provides substantial warehouse premises which has been configured into 4 interlinked storage areas. The main warehouse is of steel portal frame construction under pitched roof and benefits from approximately 6m minimum eaves height. There are two level loading doors which are accessed from a good sized rear yard via a sloping ramp. The 3 remaining warehouse areas benefit from suspended ceilings providing a height of approximately 4.7m under a flat roof. Offices, meeting rooms and ancillary space is located to the front of the property and is of brick built construction but could be demolished to provide additional parking/yard space. There are two main external areas, staff parking which is accessed from Holborn Avenue and the loading yard is accessed from Chiswick Avenue. Both entrances are shared with the former Nesta UK site.

For the year commencing 1 April 2016 rates will normally be charged at 49.7p in the pound over £18,000 RV and 48.4p under £18,000 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.

PRICE/RENT The freehold is available at a quoting price of £1,250,000 with vacant possession upon completion. Alternatively our clients will consider a lease of the property on terms by negotiation at a rent of £140,000per annum. We understand the property is elected for VAT.

LEGAL COSTS

FLOOR/SITE AREAS Main warehouse:

1,985.19 sq m

Each party to be responsible for their own legal fees. The purchaser/tenant may be required to provide an undertaking in respect of abortive legal costs.

(21,368 sq ft)

Warehouse/production 1,618.15 sq m (17,418 sq ft) Total GIA: Offices & Ancillary: Mezzanine:

3,603.34sq m (38,786 sq ft) 807.99 sq m

(8,697 sq ft)

62.6 sq m

(674 sq ft)

VIEWING Strictly by appointment with the joint sole agents:Barker Storey Matthews

All measurements above are approximate.

Davies House, 4 Hillside Business Park, Kempson

SERVICES

Way, Bury St Edmunds, Suffolk, IP32 7EA

Mains gas, 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.

Simon Burton

Contact: [email protected]

Steven Mudd

[email protected]

(01284) 702655 Or Joint agents Merrifields (01284) 700700 4730/160824

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

Approximate Site Area 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

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