Willie Snaith Rd 3,227 SF Industrial Unit Offered at £410,000 in Newmarket CB8 7SQ
INVESTMENT HIGHLIGHTS
- Good road connections
- Countryside location
- Amenities nearby
EXECUTIVE SUMMARY
Newmarket is located on the A14 midway between Cambridge and Bury St Edmunds. The A14 links the east coast ports to the A1 just outside Huntingdon. The A11 to the south of Newmarket links to the M11 giving access to London, Stansted Airport and the M25. The premises are situated in a prominent position on Goodwin Business Park, fronting Willie Snaith Road, a main arterial route. It forms part of the Studlands Park Industrial Estate and lies approximately one mile from the A14
PROPERTY FACTS
| Price | £410,000 |
| Unit Size | 3,227 SF |
| No. Units | 1 |
| Total Building Size | 29,951 SF |
| Property Type | Flex (Unit) |
| Property Subtype | Light Manufacturing |
| Sale Type | Investment |
| Building Class | C |
| Number of Floors | 3 |
| Typical Floor Size | 11,068 SF |
| Year Built | 1986 |
| Lot Size | 0.66 AC |
| Parking Ratio | 0.97/1,000 SF |
AMENITIES
- Roller Shutters
UTILITIES
- Gas
- Water
- Sewer
1 UNIT AVAILABLE
Unit Unit 5
| Unit Size | 3,227 SF |
| Price | £410,000 |
| Price Per SF | £127.05 |
| Unit Use | Industrial |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 6.24% |
| NOI | £25,600 |
DESCRIPTION
The property comprises a mid-terrace light industrial unit with forecourt parking. It is constructed on a steel portal frame clad in brick and blockwork and profile metal sheeting with an upand-over loading door. There is a separate ground floor pedestrian entrance providing access to a small office.
To the rear of the unit is a kitchenette and WC. The unit also benefits from a steel frame mezzanine storage area. The Unit has an eaves height of approximately 4.70 metres.
SALE NOTES
£410,000 for the freehold interest, exclusive of VAT We understand that VAT is payable on the price
