Investment sale of a multi-let industrial estate consisting of seven units.
Summary
- Freehold
- Good connection links to both the A146 and A12
- Port of Lowestoft is approximately 2 miles north.
- Oulton Broad South is the nearest railway station and is located about 2.65 km away.
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
| Unit - 1 | 3,600 | 334.45 | Occupied |
| Unit - 3 | 3,638 | 337.98 | Occupied |
| Unit - 5 | 3,552 | 329.99 | Occupied |
| Unit - 7 | 3,584 | 332.96 | Occupied |
| Unit - 9 | 3,600 | 334.45 | Occupied |
| Unit - 11 | 3,535 | 328.41 | Occupied |
| Unit - 15 | 3,584 | 332.96 | Occupied |
| Total | 25,093 | 2,331.20 |
Location
The units are situated on Barley way Lowestoft NR33 7NA, within the south Lowestoft industrial estate. The site connects directly to the A146 as well as the A12, providing access south towards Ipswich and London, and west towards Beccles and Norwich. The Port of Lowestoft is approximately 2 miles to the north. The closest railway station is Oulton Broad South, which is located about 2.65 km away.
Get directions from Google Maps
Mainline Stations
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Oulton Broad South32 mins
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Oulton Broad North41 mins
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Lowestoft44 mins
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Somerleyton101 mins
Underground Station
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Shenfield1578 mins
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Brentwood1612 mins
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Epping1657 mins
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Harold Wood1670 mins
Further Information
Price Offers in excess of £2,400,000
Rates Payable Upon Enquiry
Description
This site comprises of a multi-let industrial estate consisting of seven units, each constructed with a concrete frame, brick masonry elevations, and pitched steel roofs with protective netting.
The units within the site provide roughly 3,600 sq. ft of space and include a loading door, contributing to a total floor area of 25,093 sq. ft. Most of the units benefit from ground and first-floor office accommodation, which has been adapted to meet individual occupier requirements.
The property has flexible layouts that are suitable for a variety of tenants and is supported by dedicated concrete service yards and ample parking provision. Current tenants include Zayo Infrastructure (UK) Ltd, euNetworks Ltd, Belron UK Ltd t/a Autoglass, Moyse Motors Ltd, Jayar Components Ltd, Ross Auto Engineering Ltd, and Applied Design & Engineering Limited.
EPC's
Available on request
VAT
Property is elected for VAT, which is expected to be payable in this instance. It's anticipated that the sale will be treated as an ongoing transfer of a going concern, provided all parties comply with HMRC regulations.
Site Area
Total site area of 1.28 acres.
AML
Purchasers, as well as any beneficial owners will be required to provide two forms of identification, along with supporting evidence verifying the source of funds being used to complete the transaction, In line with Anti-Money Laundering (AML) regulations.
Pricing
We are seeking offers in excess of £2.4m which reflects a net initial yield of 7.1% after deducting standard purchaser’s costs.
Viewings
Strictly by appointment through the sole agent
Downloads
Gallery
