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69/70 Eastern Way, Bury St Edmunds, IP32 7AB

Offers in Region of
£1,100,000

£50.03 per sq ft

Business rates & charges may apply

Savills, Ipswich
SIZE AVAILABLE

21,988 sq ft

2,043 sq m

SECTOR

Warehouse for sale

USE CLASSUse class orders: B1 Business and B2 General Industrial

B1, B2

Key features

  • Freehold
  • 18,604 ft² (1,728.30 m² ) Industrial Unit
  • 3,384 ft² (314.36 m² ) Detached Office Building
  • Site Area – 0.8 acres (0.32 ha)
  • B2 (General Industrial) Planning Consent

Description

Description
The premises comprise a two-storey detached office building of brick construction, together with an adjacent detached industrial building.

The office building is set to the rear of the site with forecourt car parking under a copper mansard roof. Internally there is a reception area together with male/female toilets and a mix of open plan and cellular offices/meeting rooms. A staircase rises to the first floor where again there is a mix of open plan and cellular offices. The specification includes suspended ceilings with inset LED lighting, carpet tiles to floors, single glazed windows and gas central heating.

To the front of the site is the detached industrial unit of concrete frame construction with brick elevations with a non-conventional roof providing a mix of curved concrete beams and single glazed panels. Internally the building is configured as two open plan industrial areas with internal partition which has been erected to form a mix of office, storage and welfare facilities. At first floor level is a staff rest room and further offices.

To the front of the property is a former dock level loading door which has been converted to a store room.

Externally the property is set back from Eastern Way and shares access with No.’s 67 and 68 Eastern Way. The shared access road runs along the southern elevation of the building which includes two further loading doors, one of which is currently not actively used.

To the rear of the building the boundary of the title is set off from the building by up to C. 6m which provides an area of additional car parking.

Location
The premises are located on Eastern Way an established industrial location approximately 1 mile to the northeast of the town centre and with good access to Junction 43 of the A14.

Bury St Edmunds sits adjacent to the A14 which provides access to Cambridge 29 miles to the west and The International Container Port of Felixstowe 42 miles to the southeast.

The town is served with a railway station with direct services to Cambridge and Ipswich and onward travel to London and Norwich.

Tenure
The premises are held freehold under Title No. SK107700.

EPC
69 Eastern Way - Industrial - E117

70 Eastern Way - Offices - E107

Business Rates
From internet enquiries of the Valuation Office Agency ( website we understand that the premises have a combined Rateable Value of £54,500 (April 2023 Listing). Business rates for the current year April 2025/2026 are payable at the Uniform Business Rate Multiplier (UBR) of 55.5p in the £, thus resulting in a rates liability of C.£30,247.50.

Planning
Planning consent was granted in April 2009 for a change of use from Class B1 (Light Industrial) with ancillary storage and offices to Class B2 (General Industrial) with ancillary storage and offices Ref: SE/09/0464. Interested parties are advised to make their own enquiries as to the suitability of the consent for their proposed use with the Local Planning Authority; St Edmunds Bury Borough Council.

Service Charge
Access to the property is gained via shared service yards and estate roads. As such the property is liable to pay a service charge to recover a proportional cost of maintaining the common parts of the estate. Further details are available from the agent upon request.

Services
It is understood that the property is connected to mains three phase electricity, water, drainage and gas. We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility companies in connection with the availability and capacity of all of those serving the property including IT and telecommunication links.

Important
The services, fixtures, fittings, appliances and other items of equipment referred to have not been tested by this firm and therefore no warranty can be given in respect of their condition. Interested parties should satisfy themselves as to their condition.

VAT
The property has not been opted for tax and as such VAT will not be payable on the purchase price.

Legal Costs
Each party will be responsible for their own legal costs incurred in the transaction.

Guide Price
The premises are available freehold at a Guide Price of £1,100,000 + VAT.

Brochures

69/70 Eastern Way, Bury St Edmunds, IP32 7AB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bury St. Edmunds Station0.6 miles
  • Thurston Station3.5 miles

About Savills, Ipswich

Fraser House 23 Museum Street, Ipswich, IP1 1HE

Notes

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