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Agent's details

For Sale Freehold Long Established Garage Business & Premises Together with 4 Bedroom Detached House on a Site with Possible Re-Development Potential

For sale: £575,000.00|0.42 Acres|General Industrial, Industrial, Light Industrial

Property details

FOR SALE£575,000.00
SIZE0.42 Acres
ADDRESSSomersham Garage, Lower Road, Lower Somersham, Ipswich, Suffolk, IP8 4PH
TYPEGeneral Industrial, Industrial, Light Industrial
TENUREFreehold, For Sale Freehold, For Sale Freehold
POSTED ON21st August 2018

Description

Location
Somersham is an attractive village with a population of about 700 in the Mid Suffolk district of Suffolk. Located in rural surroundings around five miles northwest of Ipswich, the village is within easy driving distance of both the A12 and A14 trunk roads and also easily accessible to Ipswich Station, providing fast Inter-City rail services to London in just over an hour. There is also a railway station at Needham Market – about 6 miles with access to the same Inter-City services.

Situation
The Garage lies near the south-east edge of the village in a well timbered setting with the site being bordered by a tributary of the River Gipping to the north.

Description
Both house and garage premises date largely from the 1970’s; the former (Forge View) is of traditional chalet style construction in cavity brick with later additions providing a ground floor Bed/Bath suite and a large conservatory; there is a single garage and small garden area to the rear. The property is largely double glazed with gas fired central heating from radiators.
The Garage is of concrete portal frame construction under profiled roof with 2 good Workshops (one with inspection pit) a Reception/Office and useful storage areas; there is oil fired warm air heating plus a gas fired radiant heater unit.
The present owner has run the business for 35 years and this has included an MOT bay and fuel sales (with business rate relief from the latter). The sale will include the established goodwill if required by a purchaser. Alternatively there may be potential to re-develop the site for residential purposes (subject to planning permission)

Accommodation All dimensions are approximate:
House 139 sq m 1,496 sq ft

Workshop
MOT testing workshop 149.9 sq m 1,613 sq ft
Sales Kiosk, Office, Kitchen 30.9 sq m 332 sq ft
Rear lean-to 16.4 sq m 176 sq ft
Mezzanine Floor 27.2 sq m 293 sq ft
Workshop total 224.4 sq m 2,414 sq ft

Site Area 0.16 Hectare 0.42 acres

Planning
We understand that the premises are operated under an existing use as far as planning is concerned although Planning Permission was granted in the 1970’s for various extensions and alterations.

Service Charge
There is no service charge payable.

Terms
The premises are available For Sale on a Freehold basis with vacant possession on Completion; £575,000 (to include existing well established business if required).

Location

marker
Location: Somersham Garage, Lower Road, Lower Somersham, Ipswich, Suffolk, IP8 4PH

Needham Market (3.9 miles)

Westerfield (5.1 miles)

Ipswich (5.1 miles)

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