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SOLD STC

Willow Lane, Cotton, Stowmarket, Suffolk, IP14

Guide Price
£375,000

£58.00 per sq ft

Business rates & charges may apply

Lacy Scott & Knight Commercial, Stowmarket
SIZE AVAILABLE

6,466 sq ft

601 sq m

SECTOR

Light industrial facility for sale

Key features

  • Former agricultural site with planning permission for B1 uses
  • Three buildings and concrete/semi-hard standing storage area
  • Total Gross Internal Area of the buildings is approx. 600.68 sqm (6,466 sqft)
  • Total usable site area is approx. 1.175 acres

Description

A former agricultural site with planning permission for B1 uses. The total Gross Internal Area of the buildings is approx. 600.68 sqm (6,466 sqft). The total usable site area is approx. 1.175 acres.

THE PROPERTY
Willow Farm Buildings is a former agricultural site with planning permission for B1 uses. The site comprises of three buildings and concrete/semi-hard standing storage area. The Gross Internal Area of all the buildings is approx. 600.68 sqm (6,466 sqft). The total usable site area is approx. 1.175 acres.

ACCOMODATION
FRONT WORKSHOP BUILDING
Open plan workshop/storage space with an office and store. The workshop space benefits from the highest eaves height of 5.57m, electric roller shutter door, concrete floor and roof lights.
Gross Internal Area: 380.10 sqm (4,091 sqft)
Roller shutter door opening: 2.45m height 5.37m width

REAR WORKSHOP BUILDING
Open plan workshop/storage space with an office. The workshop space benefits from eaves height of 1.84m, electric roller shutter door, concrete floor and roof lights.
Gross Internal Area: 160.23 sqm (1,725 sqft)
Roller shutter door opening: 2.19m height 3.34m width

STORE BUILDING
Store building benefiting from eaves height of 3.24m, manual roller shutter doors at either end of the building and concrete floor. The building has no electric connection.
Gross Internal Area: 60.35 sqm (650 sqft)
Roller shutter door opening: 3.02m height 3.00m width

EXERTNAL
The site comprises concrete/semi-hard standing storage area with a total usable site area of approx. 1.175 acres.

BUSINESS LEASE
The premises is subject to a business lease on the main headline terms:
• Rent £18,000 per annum
• Term 24th October 2019 to 24th October 2025
• Security Provisions of Landlord & Tenant Act 1954 Sections 24-28 are included in the lease.

We understand the Tenant has confirmed they are not intending on renewing their lease at the end of the term. Full lease details are available from the Agent.

BUSINESS RATES
Willow Farm Buildings Ratable Value: £25,750 RV 2023. At the end of the current lease the Buyer will be responsible to pay the Business Rates.

LOCAL AUTHORITY
Mid Suffolk District Council, Endeavour House, 8 Russell Rd, Ipswich IP1 2BX.

TENURE
Freehold.

VAT
No VAT.

METHOD OF SALE
The property is available by Private Treaty. The Vendors reserve the right to invite best offers.

BOADBAND SPEED
Broadband Speed Data not available. All interested parties should make their own enquiries.

MOBILE COVERAGE
Mobile Coverage Data not available. All interested parties should make their own enquiries.

SERVICES
Mains electricity and water connected. We understand the property has a private sewage system. We understand the water supply submeter is located in the neighbouring property Willow Farm. We have not tested any of the services or appliances.

RIGHTS OF WAY
We understand the property owns the access track along the front of the property. We understand the adjoining property Willow Farm has a right of way over the track.

OVERAGE
The Property will be subject to Overage. If the Buyer or subsequent owners obtain planning permission for residential use during the next 25 years, 30% of the uplift in value will be payable to the Seller.

PLANNING
Willow Farm Buildings has planning permission for B1 uses, under application reference: 1325/02, granted on 16th December 2002. The property is within a close proximity of residential uses and the adjacent Willow Farmhouse is Grade II listed. We understand the property has been used as a contractor yard since November 2003. All interested should make their own enquiries with Mid Suffolk District Council regarding the intended use.

LOCATION
The property is located off Willow Lane a no through road, just outside the village of Cotton. The A140 is approx. 4.4 miles to the east of the site providing good access to A14 trunk road.
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AGENT’S NOTES
• The current business is unaffected. We understand they are relocating to new premises.
• Property particulars prepared June 2025

VIEWING AND FURTHER INFORMATION
Strictly by appointment only. To arrange a viewing or for further information please see attached property particulars.

Brochures

Willow Lane, Cotton, Stowmarket, Suffolk, IP14

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stowmarket Station5.4 miles

About Lacy Scott & Knight Commercial, Stowmarket

Lacy Scott & Knight, Market Place, Crowe Street, Stowmarket, IP14 1DN

Lacy Scott & Knight is a firm of Chartered Surveyors with a history of over 150 years’ experience in Mid and West Suffolk. We offer agency and professional services for all types of commercial property in the region, with the knowledge and experience required to meet the high expectations of clients.

Notes

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Disclaimer - Property reference SCL250015. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Lacy Scott & Knight Commercial, Stowmarket. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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