Detached Light Industrial Unit with Self-Contained Yard
Total Page：16
File Type：pdf, Size：1020Kb
UNIT 7, HOLBORN AVENUE, MILDENHALL, SUFFOLK, IP28 7AN DETACHED LIGHT INDUSTRIAL UNIT WITH SELF-CONTAINED YARD • Providing a gross internal floor area of 5,245 sq ft (487.3 sq m) • Generous secure site of approximately 0.387 acres (0.157 ha) • Prominent position on main entrance road of Mildenhall Industrial Estate • Predominantly concrete yard, parking and circulation areas • High quality light industrial/warehouse accommodation with ground & first floor offices • Within two miles of the A11 at Barton Mills, under a mile from Mildenhall town centre • Rare opportunity to acquire a freehold interest with vacant possession UNIT 7, HOLBORN AVENUE, MILDENHALL, SUFFOLK, IP28 7AN Location The property is situated on Holborn Avenue which forms part of the Mildenhall Industrial Estate, approximately one mile north of the town centre. Mildenhall is situated adjacent to the A11, which provides excellent access between Norwich and the A14/M11 linking the eastern coastal ports to the Midlands. The military bases of RAF Mildenhall & RAF Lakenheath are both within close proximity to the property. Description The property comprises a modern, well presented light industrial /warehouse unit set on a generous and secure yard. The property is of steel portal frame construction with part brick/part profile steel clad elevations and an insulated profile steel roof. The generous yard is predominantly laid to concrete. Internally the warehouse/workshop provides column free accommodation accessed from a gable end roller shutter door and with an internal eaves height of 3.67m rising to 6.1m at the apex. The warehouse lighting is fluorescent strip and a gas space heater is installed. The office accommodation comprises an entrance lobby, reception office and four further offices together with a good sized kitchen and staff break out area. The first floor provides five office rooms, male & female WCs and a cupboard/server room. The office specification includes fluorescent lights with diffusers, timber framed double glazed windows and Cat 5 cabling. An intruder alarm is also installed. Externally ample car parking is provided within the secure fenced and gated yard area. Agents Note In the event of a leasehold deal, the Landlord reserves the right to retain use of a storage container located at the rear of the site. In the event of a freehold sale this container will be removed. UNIT 7, HOLBORN AVENUE, MILDENHALL, SUFFOLK, IP28 7AN Accommodation FLOOR USE SQ FT SQ M Ground Warehouse/production 2,997 278.41 Offices & ancillary 1,122 104.24 First Offices 1,126 104.65 TOTAL Gross internal floor area 5,245 487.3 The overall site extends to approximately 0.387 acres (0.157 ha). Tenure A new lease on full repairing and insuring terms to be agreed. Alternatively a sale of the freehold interest with vacant possession may be considered. Rent & Price Rent - £30,000 per annum, exclusive of VAT. Price - £495,000 exclusive of VAT. Business Rates The building has a rateable value of £14,500 VAT The Landlord retains the right to charge VAT on the rent and service charge. EPC D-88. A full copy is available from the agents. Legal Costs Each party to be responsible for their own legal costs incurred in this transaction. The Tenant/Purchaser will be required to provide an undertaking to pay the Landlord/Sellers abortive legal costs should they not proceed once solicitors are instructed. UNIT 7, HOLBORN AVENUE, MILDENHALL, SUFFOLK, IP28 7AN Viewing & Further Information For viewings and further information please contact the sole marketing agent, Hazells Chartered Surveyors - 01284 702626 or email the following: Richard Pyatt MRICS Jonathan Lloyd MRICS [email protected] [email protected] Published March 2020 - Hazells is a trading name of Hazells & Co (BSE) Ltd. Registered in England No. 6279351 NOTE: Hazells 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 only 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 without responsibility and 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 item: (iii) no person in the employment of Hazells has any authority to make or give any representation or warranty whatever in relation to this property. .