Serviced Office to rent

Unit 7, Kempson Way, Hillside Road, Bury St. Edmunds, Suffolk, IP32

11,603 sq. ft. | POA

Property Description

Commercial information

  • 11,603 sq ft (1,077 sq m)
  • Use class orders: B1 Business and D1 Non-Residential Institutions

Letting information:

Letting type: Long term

Key features

  • Modern Purpose Built Day Centre
  • Additionally Providing Conference, Meeting and Training Facilities
  • Office Facilities Currently Producing a Significant income
  • Potential for Serviced Office Use, Subject to Planning, or Retention of Existing Use
  • Located in Bury St Edmunds With Good Road Links

Full description

Tenure: Leasehold

A modern, purpose built day centre additionally providing conference, meeting and training facilities, currently producing a significant income, and considered to have potential for serviced office use (subject to planning consent) or retention of existing or similar use.

Summary of Accommodation
Day Centre and Offices 8462 sq ft (786 sqm)
Ancillary Accommodation 1702 sq ft (158 sqm)
Circulation 1439 sq ft (134 sqm)
Total 11,603 sq ft (134 sqm)

LOCATION: A location plan is appended. Sat Nav IP32 7EA Bury St Edmunds is an historic and attractive market town with Cathedral and Abbey with a prosperous agricultural hinterland and is the cultural and retail centre for West Suffolk, a tourist destination and the home of Brewers, Greene King.

The town is located alongside the A14 which links the East coast to the Midlands and is about 80 miles from London and 28 miles from Cambridge.

DESCRIPTION: A resource and day centre fitted out in 2004 at the expense of the current tenants, Age Concern Suffolk, currently providing support for older people in the community as well as serviced office accommodation and conference, meeting and training facilities, the latter in 4 air conditioned rooms capable of accommodating 4-50 people and with on site parking for 32 cars.

ACCOMMODATION: Layout plans are attached.
Ground Floor Reception, two principle areas for day care, 2 offices, 2 kitchens, extensive cloakrooms, stores etc.
Care Rooms and Offices 4341 sq ft (403 sqm)
Ancillaries 1046 sq ft (97 sqm)
Circulation 534 sq ft (49 sqm)
First Floor Conference suite, boardroom, 8 offices, 2 kitchens, cloakrooms
Conference, Boardroom and offices 4121 sq ft (383 sqm)
Ancillaries 656 sq ft (61 sqm)
Circulation 905 sq ft (84 sqm)

SERVICES: All main services are connected, there are also full fire detection and intruder alarms, a serviced lift, climate control and car parking for 32 cars.

EXISTING BUSINESS The existing office lettings and conference / meeting facilities provide

FACILITIES: a substantial annual income. Further detail can be obtained from the Agents on request.

BUSINESS RATES: The building is assessed at R.V 94,000. There are 3 additional, separate assessments of R.V 4,500, 2,650, 4,200 for separately occupied offices.

TERMS: The property is held on a FRI lease for a term of 25 years from February 2006 at a current rental of 62,500 with 5 yearly rent reviews disregarding the tenant's fit out and on the assumption of a 6000 sq ft shell building with 20 car spaces and for Class D1, B1 or B8 Uses. There is provision for a tenant's break option in 2020. The lease is offered for assignment at a premium of 250,000 to reflect the tenant's fit out costs.

More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Bury St. Edmunds (1.9 mi)
  • Thurston (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Beane Wass & Box, Ipswich

16 Arcade Street, Ipswich, IP1 1EP

01473 870145 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Beane Wass & Box, Ipswich

16 Arcade Street, Ipswich, IP1 1EP

01473 870145 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Bury St. Edmunds (1.9 mi)
  • Thurston (2.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Beane Wass & Box, Ipswich

16 Arcade Street, Ipswich, IP1 1EP

01473 870145 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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