59 Finchley Avenue, Mildenhall, Bury St. Edmunds, IP28 7BG

  • Development / Industrial / Investment / Development / Office / Industrial
  • 3,021 to 10,191 sq ft
  • For Sale
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Under Offer
Property Type Development / Industrial / Investment / Development / Office / Industrial
Tenure For Sale
Size 3,021 to 10,191 sq ft
Price Offers in the region of £750,000.00
Business Rates £1.93 per sq ft Based on April 2023 Rating List.
Rateable Value £39,500
Energy Performance Rating This property has been graded as C (75)

Freehold detached building on generous site. Short term income available and vacant possession possible from January 2024.

Key Features

  • 10,191 sq ft (946.75 sq m)
  • Site area of 0.96 acres (0.288 ha)
  • Workshop, warehouse and office accommodation
  • Producing £40,000 per annum on existing lease
  • Lease expiry 7 January 2024
  • Of interest to owner occupiers or investors

Description

Unit 59 Finchley Avenue comprises a detached factory / warehouse building set on a large self-contained yard.

The building comprises two storey office/light production to the front, a concrete portal frame factory to the rear and later steel frame extension. The unit has brick elevations and pitched steel clad roof which we understand was overclad in 2012. Two roller shutter loading doors are provided to the factory areas. The internal eaves height is 3 metres. The first floor provides basic office or light production accommodation with a mix of fluorescent and some LED lighting and gas fired central heating.

Externally the property benefits from a large yard wrapping around all sides of the building. The front and western aprons are laid to concrete. The rear & east yard Is laid with a loose aggregate. The unit benefits from two vehicular access points from Finchley Avenue.

Available area

The accommodation comprises the following areas:

Name sq ft sq m Availability
Ground - Warehouse & Light Industrial 7,170 666.11 Available
1st - Office & Light industrial 3,021 280.66 Available
Total 10,191 946.77

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.