1&2 Olympus Close Whitehouse Industrial Estate Ipswich Suffolk IP1 5LJ

1&2 Olympus Close
Whitehouse Industrial Estate
Ipswich
Suffolk
IP1 5LJ

Industrial Ground Rent Investments

Located within an Established Industrial Estate
Good communications with direct access to A14 and A12
Other Whitehouse Industrial Estate occupiers include Enterprise Rent a Car, Autoglass, HSS Hire, Plumb Centre and an Asda 24 hour Superstore
Six Week Completion

Lot
59
Auction
17th October 2013
Vacant Possession
Status
Sold
Price
£24,000
Auction Venue
The Millennium Hotel
44 Grosvenor Square
Mayfair
London W1K 2HP

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Industrial Ground Rent Investments

Located within an Established Industrial Estate
Good communications with direct access to A14 and A12
Other Whitehouse Industrial Estate occupiers include Enterprise Rent a Car, Autoglass, HSS Hire, Plumb Centre and an Asda 24 hour Superstore
Six Week Completion

Lot 59
Auction 17th October 2013
Vacant Possession
Status Sold
Price £24,000
Sector
Ground Rent
Auction Venue
The Millennium Hotel
44 Grosvenor Square
Mayfair
London W1K 2HP

Property Information

Location

Miles: 2.5 miles north-west of Ipswich town centre, 20 miles north-east of Colchester, 25 miles south-east of Bury St Edmunds
Roads: A14 (Jct 53), A12, A140
Rail: Ipswich Rail Station
Air: Stansted Airport

Situation

The properties are located on the established Whitehouse Industrial Estate approximately 2.5 miles north west of Ipswich Town Centre. The estate benefits from easy access to the A14 which leads directly to Felixstowe, Bury St Edmunds and also the A12 (South) which provides access to Colchester and London. Other occupiers in the area include Enterprise Rent a Car, Autoglass, HSS Hire, Plumb Center, Safestore and an Asda 24 hour Superstore.

Tenure

Freehold.

Location

Miles: 2.5 miles north-west of Ipswich town centre, 20 miles north-east of Colchester, 25 miles south-east of Bury St Edmunds
Roads: A14 (Jct 53), A12, A140
Rail: Ipswich Rail Station
Air: Stansted Airport

Situation

Tenure

Freehold.

Description

Lot 59 is a plot of land with an approximate site area of 4.79 acres (1.938 hectares), upon which has been built two office/industrial units.

VAT

VAT is applicable to this lot.

EPC

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

Description

Lot 59 is a plot of land with an approximate site area of 4.79 acres (1.938 hectares), upon which has been built two office/industrial units.

VAT

VAT is applicable to this lot.

EPC

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

Tenancy & Accommodation

Lot	Use	Site Areas (Approx)		Tenant	Term	Rent p.a.x	Reversion
59 – 1 & 2 Olympus Close	Industrial	4.79 acres	(1.938 ha)	AWD TRUSTEES LIMITED & INDIVIDUALS AND WEST ENGINEERING & SPIRAL TUBE LIMITED (1)	125 years from 11/08/1992	Peppercorn	10/08/2117

(1) West Engineering and Spiral Tube Limited is a long-established Ipswich company as well as one of the region’s leading manufacturers of spiral ductwork and fittings. (Source: www.westengineering.co.uk 17/09/2013)