For SaleIndustrialUnverified

Industrial for sale - Suffolk Heritage, Old London Road, Copdock, Ipswich, IP8 3JF

Suffolk Heritage, Copdock, Ipswich IP8 3JF

CommercialUK

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Size
7,154 sq ft
Tenure
freehold
Listed
2 days ago

Property Description

<strong>Description</strong><br>The site comprises a former petrol filling station and workshop on a site extending to 0.99 acres (0.40 ha) and occupies a prominent position with large forecourt fronting the Old London Road.<br /> <br /> The showroom and workshop are currently occupied by Suffolk Heritage and are to be provided with vacant possession, whereas the former bungalow, known as Stockholm, together with the rear yard is let to 3A Roofing Limited on a lease until 2034 with mutual Landlord and Tenant break options in 2027 and 2030.<br /> <br /> A3 Roofing Limited occupies the former bungalow which is now used as offices together with the concrete yard to the rear of the property extending to C. 0.20 ha (0.50 acres), accessed via a shared access road serving the area in front of the workshop/store.<br><br><strong>EPC</strong><br>Suffolk Heritage: D-94<br /> Stockholm: C-70<br><br><strong>Business Rates</strong><br>From enquiries of the Valuation Office Agency website the premises have the following Rateable Values, these being:<br /> <br /> Unit 1 £32,750<br /> Unit 2 £26,750<br><br><strong>Important</strong><br>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.<br><br><strong>Guide Price</strong><br>The premises are available at a Guide Price of £850,000 exclusive of VAT, with the benefit of the existing income of £24,000 pax from the letting of part of the premises to 3 A Roofing Limited.<br><br><strong>VAT</strong><br>We understand that the property has not been opted for tax and as such VAT will not be applicable to the purchase price at the prevailing rate.<br><br><strong>Legal Costs</strong><br>Each party will be responsible for their own legal costs incurred in the transaction.<br><br>
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Savills

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