Stagecoach Bus & Car Park Haverhill Business Park Haverhill Suffolk CB9 7AE

  • Stagecoach Bus & Car Park<br>Haverhill Business Park<br>Haverhill<br>Suffolk<br>CB9 7AE

Stagecoach Bus & Car Park
Haverhill Business Park
Haverhill
Suffolk
CB9 7AE

Freehold Site Investment

  • Entirely let to Cambus Limited until August 2022
  • Located on the established Haverhill Business Park
  • Nearby occupiers include Days Inn, Harvester, Buildbase and Culina Logistics
  • Approximate site area of 0.21 hectares (0.51 acres)
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    61
  • Auction
    21st May 2015
  • Rent
    £31,300 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price
     
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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Freehold Site Investment

  • Entirely let to Cambus Limited until August 2022
  • Located on the established Haverhill Business Park
  • Nearby occupiers include Days Inn, Harvester, Buildbase and Culina Logistics
  • Approximate site area of 0.21 hectares (0.51 acres)
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 61
  • Auction 21st May 2015
  • Rent £31,300 per Annum Exclusive
  • Status Withdrawn Prior
  • Price  
  • Sector
    Development
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
17 miles south-east of Cambridge, 18 miles south-west of Bury St Edmunds, 52 miles north-east of Central London
Roads
A143, A1307, A1017, M11 (Junction 9)
Air
Stansted Airport
Situation

The property is situated to the south of Haverhill town centre within the established Haverhill Business Park on the northern side of Phoenix Road, just off the A1017. Nearby occupiers include Days Inn, Harvester, Buildbase and Culina Logistics.

Tenure

Freehold.

Location
Miles
17 miles south-east of Cambridge, 18 miles south-west of Bury St Edmunds, 52 miles north-east of Central London
Roads
A143, A1307, A1017, M11 (Junction 9)
Air
Stansted Airport
Situation

The property is situated to the south of Haverhill town centre within the established Haverhill Business Park on the northern side of Phoenix Road, just off the A1017. Nearby occupiers include Days Inn, Harvester, Buildbase and Culina Logistics.

Tenure

Freehold.

Description

The property comprises a rectangular shaped fully concrete surfaced yard of approximately 0.21 hectares (0.51 acres) benefitting from security fencing and lighting and currently operating as a bus park with ancillary car parking.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a rectangular shaped fully concrete surfaced yard of approximately 0.21 hectares (0.51 acres) benefitting from security fencing and lighting and currently operating as a bus park with ancillary car parking.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Site Area (Approx) Tenant Term Rent p.a.x. Review
Ground Bus Park/
Car Parking
0.21 Hectares
(0.51 Acres)
CAMBUS LIMITED (1) (t/a Stagecoach) 15 years from 30/08/2007 until 29/08/2022 on a full repairing and insuring lease £31,300 30/08/2017
Totals  
0.21 Hectares
(0.51 Acres)
    £31,300  

(1) Cambus Limited is a subsidiary company of Stagecoach Bus Holdings Limited. For the year ending 30th April 2014, Cambus Limited reported a turnover of £57,360,000, pre-tax profits of £9,360,000 and a total net worth of £2,515,000. (Source: www.riskdisk.com 21/04/2015)

Contacts

Acuitus
Henry WilkinsonHenry Wilkinson +44 (0)20 7034 4861 Henry.wilkinson@acuitus.co.uk
Seller's Solicitors
Reed Smith LLP The Broadgate Tower, 20 Primrose Street
London
EC2A 2RS
020 3116 3999
Nisha Aggarwal 020 3116 2874naggarwal@reedsmith.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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