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Light Industrial to rent

Southgate Avenue, IP28

£150,000 pa| £12,500 pcm

Property Description

Key features

  • Prominently situated on the junction of Southgate Avenue from Hampstead Avenue
  • Approximately one mile from Mildenhall Town Centre and two miles from the A11 trunk road
  • Detached single storey light industrial / workshop unit with trade counter
  • Small rear yard and car parking for four cars
  • Three phase electricity, female and male WCs, gas fired heating and fluroscent strip lighting

Full description

The property is prominently situated on Hampstead Avenue, immediately adjacent to the junction of Southgate Avenue. Hampstead Avenue is one of the main spine roads serving the Mildenhall Industrial Estate. The unit is approximately one mile from Mildenhall Town Centre, and two miles from the A11 trunk road.

Mildenhall is situated 42 miles from Norwich, 25 miles from Cambridge and 12 miles from Bury St Edmunds and is adjacent to the A11, which provides excellent access between Norwich and the A14/M11 linking the eastern coastal ports to the West Midlands. The military bases of RAF Mildenhall & RAF Lakenheath are both within close proximity to the premises.

The unit comprises a single storey detached workshop / light industrial unit with a prominent trade counter, fronting both Hampstead Avenue and Southgate Avenue.

The property is of steel portal frame construction with brick and block elevations. The workshop area is divided in to two separate parts, which are separated by a brick and block wall. The original warehouse has a mono pitch roof whilst the rear workshop extension has a flat roof with integrated skylights. The rear workshop benefits from a full width and full height, concertina loading door.

Internally the property provides three phase electricity, female and male WCs, fluorescent lighting, and gas fired heating to the workshop and small office. The rear extension benefits from an internal eaves height of approximately 4.3 metres.

Externally the property has a small rear yard and marked car parking for four vehicles.

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

The property is available as a freehold with vacant possession.

150,000 exclusive of VAT for the freehold interest.

The property is included in the 2010 Ratings List under 'factory and premises' and has Rateable Value of 7,900.

The property is elected for VAT and therefore VAT is chargeable on the purchase price.

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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