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

  • 1&2 Olympus Close<br>Whitehouse Industrial Estate<br>Ipswich<br>Suffolk<br>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

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.

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)

Contacts

Seller's Solicitors
Wragge & Co LLP SS Colmore Row
Birmingham
B3 2AS
Stephen Hickling 0121 685 2954stephen_hickling@wragge.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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