INDUSTRIAL FOR SALE Newmarket, Suffolk

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1 INDUSTRIAL FOR SALE Newmarket, Suffolk Victoria Way, Newmarket, Suffolk, CB8 7SH Size: 3,872 sq ft Price: 325,000 Modern industrial unit High quality offices 5 metre eaves Heart of Newmarket s business district Good access to A14 (J37) Voted by the Estates Gazette Most Active Regional Agent in Cambridgeshire 2012, 2013, 2014, 2015 Bury St Edmunds Cambridge Huntingdon Peterborough

2 LOCATION Newmarket is located near the A14 midway between Cambridge and Bury St Edmunds. The A14 links the east coast ports to the A1 just outside Huntingdon. The A11 to the south of Newmarket links to the M11 giving access to London, Stansted Airport and the M25. The premises are situated on Victoria Way which forms part of the Studlands Park Industrial Estate and lies approximately one mile from the A14. DESCRIPTION A modern industrial building of steel portal frame construction, with brick and blockwork lower elevations and metal sheet cladding to the upper elevations. The property has an insulated pitched roof with roof lights and an electric up-and-over loading door. Internally, the property has good quality office facilities and an open plan warehouse which wraps around the office block. The warehouse has an eaves height of circa 5.15 metres. FLOOR AREAS Ground Floor: sq m (3,169 sq ft) Mezzanine: sq m (703 sq ft) Total GIA: sq m (3,872 sq ft) All measurements above are approximate. SERVICES Mains drainage, water, gas and electricity are available to the property. Interested parties are however advised to make their own enquiries of the relevant service providers. No warranty can be given in respect of the condition or working order of services, fixtures and fittings. SERVICE CHARGE A service charge is levied for the upkeep and maintenance of the communal areas of the estate. CAR PARKING There is forecourt parking for approximately six vehicles. PLANNING Interested parties should satisfy themselves as to the suitability of the current planning consent for their proposed use of the premises by contacting the Local Planning Authority. TIMING The existing occupier will require three months to vacate the property from exchange of contracts. BUSINESS RATES We understand from internet enquiries made from the VOA website that the property has a rateable value of 20,000 (2010 List). For the year commencing 1 April 2016 rates will normally be charged at 49.7p in the pound over 18,000 RV / 48.4p under 18,000 RV. However the amount may be affected by transitional adjustments or small business rates relief and could be higher or lower - interested parties are advised to check with Forest Heath District Council. PRICE The price will be 325,000. We understand that VAT will not be charged on the price. LEGAL COSTS Each party to bear their own legal costs. VIEWING Strictly by appointment with the sole agents:- Barker Storey Matthews Pound Hill House, Pound Hill, Cambridge CB3 0AE Contact: Laurence Gercke lg@bsm.uk.com (01223) LG/ Note: Barker Storey Matthews is the trading name of BSMH Ltd. Reg No These particulars do not constitute or form any part of an offer or contract nor may they be regarded as representations. All interested parties must themselves verify their accuracy. All measurements are approximate. Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax. NIA Refers to Net Internal Area. Where appropriate or stated IPMS 3 relates to the International Property Measurement Standards 1st Edition. A definition can be found at: Bury St Edmunds Cambridge Huntingdon Peterborough

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4 ORDNANCE SURVEY PLAN THIS PLAN IS REPRODUCED FROM THE ORDNANCE SURVEY MAP WITH THE PERMISSION OF THE CONTROLLER OF HER MAJESTY S STATIONERY OFFICE, CROWN COPYRIGHT RESERVED. THIS PLAN IS PUBLISHED FOR IDENTIFICATION PURPOSES ONLY AND ALTHOUGH BELIEVED TO BE CORRECT, ITS ACCURACY IS NOT GUARANTEED AND IT DOES NOT FORM PART OF ANY CONTRACT. LICENCE NO

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