1-3 Hazel Stub Depot, Burton End, Haverhill, Suffolk, CB9 9AF
- PROPERTY TYPE
Warehouse
- SIZE
Ask agent
Key features
- Freehold
Description
INDUSTRIAL PROPERTY WITH FURTHER DEVELOPMENT POTENTIAL ON A 1.37 ACRE PLOT PARTLY LET CONSIDERED TO BE IDEAL AS AN INVESTMENT OR OWNER OCCUPATION
Situated on a plot of approximately 1.37 acres (0.56 hectares) is this freehold interest of a part let commercial site with industrial and office units. The building is separated into 3 separate units 1 of which is let and achieving a gross income of £20,000 per annum. It is considered that fully let the property could generate a gross income of approximately £67,000 per annum. It is also considered that the site could offer potential for further development subject to the necessary planning consent.
Units 1 warehouse and office of 6,849 sq ft
Unit 2- office of 989 sq ft office over 2 levels
Unit 3-warehouse with offices of 3,444 sq ft
The main access road to the site (south west entrance) is accessed from Camps Road and is held on a 99 year lease from 1983. There is further access from Camps Road (north east entrance) adjacent to Button End House under an agreement of perpetuity.
We understand that the Seller has opted to tax the Property and that VAT will be payable in addition to the purchase price.
Units 1 Vacant- Rental value considered- £35,000 per annum
Unit 2 Vacant office of 989 sq ft office. Rental Value considered £10,000 Per annum
Unit 3-is currently let to Gallico Systems for a term of 6 years from 1st July 2019 at a rent of £20,000 per annum rising to £22,000 per Annum on 30/06/2021. There is a mutual break option on 1st July 2022.
Unit 1-D
Unit 2-E
Unit 3-D
1-3 Hazel Stub Depot, Burton End, Haverhill, Suffolk, CB9 9AF
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Dullingham Station8.7 miles
About the agent
Dedman Gray Auction, Essex
103 The Broadway, Thorpe Bay, Essex, SS1 3HQ
Dedman Gray Auction Ltd are based in Thorpe Bay in Southend on Sea, Essex and are firmly established as one of the top 20 UK national auctioneers, holding regular land and property auctions.
Buying or selling land and property at auction is ideal if you wish to remove the uncertainties of the normal selling process. A sale by public auction demonstrates the best possible price has been obtained taking into consideration market conditions and the position and repair of the property. Dedm
Industry affiliations
Notes
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Dedman Gray Auction, Essex on 01702 311010.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
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