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Agent's details

14 Finchley Avenue

For sale: £1,900,000.00|26,443 Sq Ft|General Industrial, Other, Industrial, Other Property Types & Opportunities

Property details

FOR SALE£1,900,000.00
SIZE26,443 Sq Ft
ADDRESS14 Finchley Avenue, Mildenhall, Bury St. Edmunds, IP28 7BG
TYPEGeneral Industrial, Other, Industrial, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON9th January 2023

Description

Key Points

  • Detached freehold industrial/warehouse unit
  • Providing a total GIA of 26,443 sq ft (2,456.59 sq m)
  • Well established industrial estate with excellent access to the A11
  • Ideal for private and SIPP investors
  • Wholly Let to Easypack/Pop Group Limited
  • Rental Guarantor from Fencor Packaging Group Limited
  • Access from Finchley Avenue & Holborn Avenue
  • Summary

    Single let industrial investment for sale freehold

    Description

    Unit 14 Finchley Avenue comprises a modern factory premises with offices and mezzanine storage. The original property has been extended to the rear and incorporates a smaller unit on Holborn Avenue. Vehicle access is provided from Finchley and Holborn Avenue.

    Main Unit -Finchley Avenue
    The main factory comprises a double bay, concrete portal frame building with infill section of steel portal frame. The internal eaves height is 4.38m lowering to 3.13m. The elevations & roof are overclad with profile steel cladding. The factory specification includes LED lighting, concrete floors, gas blast space heating and three phase. The unit provides ground floor reception, meeting room, staff & welfare facilities as well as offices at first floor. A mezzanine provides further first floor office accommodation. A link building attaches the unit to a neighbouring warehouse which does not form part of the sale.

    Externally car parking for approximately nine vehicles (four with EV charging)
    is provided to the front. A side yard offers access to the roller shutter loading
    doors.

    Mid Unit
    Adjoining the Main Unit to the rear, a steel portal frame warehouse/factory unit with insulated steel profile roof and elevations. The unit has an internal eaves of 4.54 m rising to 4.96m at the apex. A single roller shutter door is provided with access to the Finchley Road yard. The unit has concrete floors, LED lighting and amibrad type gas heating.

    Holborn Avenue Unit
    Adjoining the Mid Unit to its rear, a concrete portal frame factory unit with brick elevations which have been overclad with steel profile cladding. Ancillary WCs, staff amenity & light production areas are provide under a flat roofed single storey extension. The unit fronts Holborn Avenue and has a gravelled yard & parking area.

    Location

    The property is prominently situated on FInchley Avenue, one of the main spine roads forming the Mildenhall Industrial Estate. Finchley Avenue is located approximately one mile north of Mildenhall town centre and within two miles of the Barton Mills junction of the A11. The A11 provides excellent access to Norwich, Thetford and Cambridge as well the east coast ports and national motorway network via the A14 & M11. The military bases of RAF Mildenhall and RAF Lakenheath are both within close proximity to the property.

    Promo

    INDUSTRIAL INVESTMENT

    Location

    marker
    Location: 14 Finchley Avenue, Mildenhall, Bury St. Edmunds, IP28 7BG

    Kennett (5.4 miles)

    Lakenheath (6.7 miles)

    Shippea Hill (6.7 miles)

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