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)