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Property Image

For Sale: £595,000

Sold

53 Main Road, Kesgrave, East Of England, IP5

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Property Image
  • Area

    area
    0Acres

Location
The property is located on Main Road (A1214), Kesgrave close to the junction with Edmonton Road. The A1214 is a busy arterial road linking Martlesham Heath to Ipswich. The A12 is within 2 miles providing excellent transport links with Martlesham and Woodbridge. Ipswich town centre is within 4 miles of the property.

The property occupies a prominent roadside position within a predominantly residential area.

Description
The property extends to 0.54 acres (0.219 hectares).

The property comprises a former petrol forecourt, garage building, toilet block and former semi-detached house arranged upon a large surfaced site.

The garage building is of brick construction under a pitched corrugated asbestos roof incorporating translucent panels and a parapet façade. The property has been divided and currently provides a sales office for the forecourt car sales tenant, stainless steel workshop and vacant garage/workshop with store room to the rear. The specification to the main garage included suspended ceiling, suspended fluorescent strip lighting, oil fired hot air blower and three phase electricity. The building is served by a roller shutter door to the front and two further roller shutter doors at the rear.

The former house is of timber frame construction under a pitched tiled roof and comprises a kitchen, store cupboards, office and WC on the ground floor and further storage/office accommodation to the first floor.
A shared WC is located within a separate block at the rear of the building.

Accommodation
The property provides the following approximate gross internal floor areas:

Car Sales Office 332 sq ft ( 30.80 sq m)
Stainless Steel Workshop 678 sq ft ( 62.95 sq m)
Vacant Garage/Workshop 1,980 sq ft (183.97 sq m) Former House (Office) 608 sq ft ( 56.52 sq m)
Total Gross Internal Area 3,598 sq ft (334.24 sq m)

Services
We understand that mains electricity, water and drainage are connected. We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility company in connection with the availability and capacity of all those serving the property including IT and telecommunications links.

It is understood that two 35,000 litre tanks sit beneath
the forecourt which have not been decommissioned.

Tenancies
Car Sales Forecourt & Office MRL Car Sales £9,600 pax
Front Workshop John Pratt £3,000 pax
Rear Yard Spruce & Shine Car Wash £6,600 pax
Small Corner Parking Area Kevin Knights £3,300 pax
Total Income £22,500 pax

internal repairing basis with rent paid monthly in advance.
We anticipate the vacant workshop, former house and ancillary yard to have an estimated rental value of £16,500 per annum.

Business Rates
According to the Valuation Office Agency website the property currently has the following Rateable Values:
Vacant Garage/Workshop £11,000
MRL Car Sales Office & Forecourt £6,400
Spruce & Shine Car Wash £8,000

Development Potential
The property is considered suitable for either commercial or residential development, subject to planning. All interested parties should make their own enquiries with the local planning authority.

Terms
Offers are invited in the region of £595,000 for the freehold interest, subject to the existing tenancies.

Legal Costs
Each party is to be responsible for their own legal costs.

Energy Performance Certificate Ratings
Office Buildings - G-171
Workshop and Garage - G - 153

Local Authority
East Suffolk Council, East Suffolk House, Station Road, Melton, Woodbridge, IP12 1RT.
Telephone: 01394 444832.

Features

  • Prominent roadside location on Main Road, Kesgrave
  • Good access to A12 dual carriageway, Ipswich town centre and Woodbridge
  • Rental Income £22,500 pax
  • Scope for redevelopment, s.t.p.

Map

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Development team on

01473 232701
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