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Light Industrial to rent

Chiswick Avenue, IP28

Guide Price £350,000 pa| £29,167 pcm

Property Description

Key features

  • Gross Internal Area of 6,537 sq ft (607.5 sq m)
  • Prominently situated on the Mildenhall Industrial Estate
  • Excellent access to the A11 providing convenient links to Norwich and the A14/A11
  • Four office rooms, kitchenette, stores and toilets
  • Concrete surfaced forecourt providing parking to the front and rear of the building

Full description

LOCATION
Mildenhall is a market town in West Suffolk forming part of the Forest Heath District with an urban area population of 13,388 (2011 Census). The town is the administrative centre for the Forest Heath District Council and the town has a large industrial estate.

Mildenhall is situated approximately 42 miles from Norwich, 25 miles from Cambridge and 12 miles from Bury St Edmunds. The town is immediately adjacent to the A11 which provides excellent access between Norwich and the A14/A11 linking the east coast ports to the West Midlands. The military bases of RAF Mildenhall & RAF Lakenheath are both within close proximity to the property.

SITUATION
The property is prominently situated on the Mildenhall Industrial Estate, on the northern side of the town with convenient access via the A1101.

Chiswick Avenue is one of the principal roads within the industrial estate and the premises are located close to the main entrance of Field Road A1101.

DESCRIPTION
The property comprises a single storey detached industrial unit with integral two storey offices built on a site of approximately 0.255 acres (s.t.s.). The unit is of steel frame construction with brick and block elevations, and a steel rafted roof clad in insulated metal cladding. The unit has a loading dock with loading door and block walls.

The factory has concrete floors, suspended strip fluorescent lighting, three phase electricity supply and two oil fired hot air blowers. The factory benefits from an approximate eaves height of 15 ft. (4.57 m).

Towards the front of the premises are four office rooms, kitchenette, stores and toilets arranged over two storeys. The offices have plastered and emulsioned walls and ceilings, carpeted floors and strip fluorescent lighting. There is also independently central heating via wall mounted radiators.

Externally there is a concrete surfaced forecourt providing parking to the front and side of the building.

SERVICES
We are advised that the property has mains electricity, drainage and water. These services have not been tested.

TENURE & TENANCY
The property is held freehold with vacant possession.

TERMS
350,000 exclusive of VAT.

RATING
The property is included in the 2010 Ratings List under 'factory and premises' and has Rateable Value of

VAT
The property is elected for VAT and therefore VAT is chargeable on the purchase price. It is anticipated that the transaction can be structured as a Transfer of Going Concern.

ENERGY PERFORMANCE CERTIFICATE
A full copy of the EPC is available from the agents on request.

LEGAL COSTS
Each party to bear their own legal costs. The Purchaser will be required to provide an undertaking to pay the Vendor's abortive legal costs in the event they withdraw once solicitors are instructed.








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