For Sale By Auction | 06:30 pm, 03 November 2015 | Lot 49A

Unit 4, Plot 11 Maitland Road, Lion Barn Ind Est, Needham Market, IP6 8NZ

Sold

  • Commercial Property
  • Tenure: Freehold

Call the team on 01473 558 888 for more information

Auction Date

Tue 03/11/2015

Auction Time

06:30 pm

Auction Venue

Holiday Inn (Wolsey Room), London Road, Ipswich, IP2 0UA

Viewing Times:

Fri 23 Oct

02:45 pm - 03:30 pm

Tue 27 Oct

11:00 am - 11:45 am

A refurbished ‘hybrid’ office/warehouse/storage commercial unit close to the A14

Situated in a high profile location on the popular Lion Barn Industrial Estate in Needham Market just a couple of miles from the A14 is this fully refurbished freehold ‘hybrid’ commercial unit extending to approximately 4647 sq ft. The property is of steel frame construction with brick and block/profile steel elevations under a profile steel roof and on the ground floor the offers an entrance lobby, reception and further open plan offices, male and female WC’s and a warehouse of approaching 1000 sq ft with a 16’8” high roller shutter door, whilst on the first floor there are 5 further offices and a boardroom. To the front of the property are 10 car parking spaces. We are advised that a reasonable achievable rent would be in the region of £30,000 per annum giving a potential gross yield of over 12% at the low end of the Guide Price. An excellent opportunity for the owner occupier or investor.

Tenure

Freehold

Viewing

Open days

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Mid Suffolk District Council. Tel: 01449 724500

Solicitors

Birketts, 24-26 Museum Street, Ipswich, Suffolk IP1 1HZ, Ref: Victoria Butcher, Tel: 01473 232300

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ VAT), payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.