Request a Valuation
For Sale: £1,300,000
To Let: £95,250 pa
Unit 1-3, Ballingdon Hill Industrial Estate, Sudbury, Suffolk, CO10
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Area
14657Sq Ft
The unit is of steel portal frame constructed under a pitched asbestos sheet roof, incorporating translucent roof lights, with brick elevations. There are two large loading doors, one on the front elevation and one on the side elevation. The warehouse area has an eaves height of approx. 3.5m and apex height of approx. 5.3m.
A reception area / office is provided along with a tea point and two WC's. The unit has a three phase power supply and mains water supply.
To the side of the unit is a large forecourt / yard area for loading / unloading and car parking.
LOCATION
The premises are located on Ballingdon Industrial Estate which is accessed via Ballingdon Hill (A131). The A131 links Sudbury to Bury St Edmunds (A14) to the north and Braintree (A120) to the south. The A120 in turn leads directly to the M11, M25 and A12 and Stansted Airport.
The Port of Felixstowe, one of the busiest container ports in Europe, is approximately 34 miles from the site. Central London can be accessed in approximately 75 minutes via Sudbury main line railway.
ACCOMMODATION
[Approximate Gross Internal Floor Area]
Unit 1-3 14,657 sq ft [1,361.7 sq m] approx.
TERMS
The premises are available to let on a new full repairing and insuring lease, with lease length and terms to be agreed, at a rent of £95,250 per annum plus VAT.
Alternatively the premises are available For Sale Freehold at £1,200,000 plus VAT.
SERVICE CHARGE
We are advised that no service charge is applicable.
BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £58,000. Therefore estimated rates payable of approximately £31,670 for the current year.
Interested parties are advised to make their own enquiries.
BUILDINGS INSURANCE
The The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant.
For the current year the approximate cost is £TBC plus VAT.
ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class E(105) of the energy performance assessment scale.
A full copy of the EPC assessment is available upon request.
VAT
We are advised that VAT will be applicable. All rents and prices are exclusive of VAT under the Finance act 1989.
LEGAL COSTS
Prior to the instruction of solicitors, the tenant will be required to pay a non-refundable administration fee of £750.00 plus VAT. Each party will otherwise bear their own legal costs involved with this transaction.
ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective tenants identity prior to the instruction of solicitors.
VIEWINGS STRICTLY BY APPOINTMENT VIA AGENTS:
Fenn Wright
T: 01206 854545
E: [email protected]
Features
- Prominent Location With Main Road Visibility
- Large Surfaced Yard and Canopy
- Two Large Loading Doors
- Open Plan Warehouse
- Approx. 3.5m Eaves & 5.3m Apex
Floor plan
Map
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Unit 1-3, Ballingdon Hill Industrial Estate, Sudbury, Suffolk, CO10
The unit is of steel portal frame constructed under a pitched asbestos sheet roof, incorporating translucent roof lights, with brick elevations. There are two large loading doors, one on the front elevation and one on the side elevation. The warehouse area has an eaves height of approx. 3.5m and apex height of approx. 5.3m.
A reception area / office is provided along with a tea point and two WC's. The unit has a three phase power supply and mains water supply.
To the side of the unit is a large forecourt / yard area for loading / unloading and car parking.
LOCATION
The premises are located on Ballingdon Industrial Estate which is accessed via Ballingdon Hill (A131). The A131 links Sudbury to Bury St Edmunds (A14) to the north and Braintree (A120) to the south. The A120 in turn leads directly to the M11, M25 and A12 and Stansted Airport.
The Port of Felixstowe, one of the busiest container ports in Europe, is approximately 34 miles from the site. Central London can be accessed in approximately 75 minutes via Sudbury main line railway.
ACCOMMODATION
[Approximate Gross Internal Floor Area]
Unit 1-3 14,657 sq ft [1,361.7 sq m] approx.
TERMS
The premises are available to let on a new full repairing and insuring lease, with lease length and terms to be agreed, at a rent of £95,250 per annum plus VAT.
Alternatively the premises are available For Sale Freehold at £1,200,000 plus VAT.
SERVICE CHARGE
We are advised that no service charge is applicable.
BUSINESS RATES
We are advised that the premises have a rateable value, with effect from the 1st April 2023, of £58,000. Therefore estimated rates payable of approximately £31,670 for the current year.
Interested parties are advised to make their own enquiries.
BUILDINGS INSURANCE
The The buildings insurance is to be arranged by the landlord with the cost to be recovered from the tenant.
For the current year the approximate cost is £TBC plus VAT.
ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised that the premises fall within class E(105) of the energy performance assessment scale.
A full copy of the EPC assessment is available upon request.
VAT
We are advised that VAT will be applicable. All rents and prices are exclusive of VAT under the Finance act 1989.
LEGAL COSTS
Prior to the instruction of solicitors, the tenant will be required to pay a non-refundable administration fee of £750.00 plus VAT. Each party will otherwise bear their own legal costs involved with this transaction.
ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to formally verify a prospective tenants identity prior to the instruction of solicitors.
VIEWINGS STRICTLY BY APPOINTMENT VIA AGENTS:
Fenn Wright
T: 01206 854545
E: [email protected]