Benacre Road, Ellough Industrial Estate, Beccles, NR34 7TD

Location

Description

Ellough Industrial Estate is a popular multi-let warehouse and manufacturing business park, with a range of modern premises which is located to serve a wide catchment area. The Estate is a successfully run business Park, which totals
246,695 sq ft, with units ranging from 450sq ft to 27,116 sq ft. Full details of the units are here. Over the last ten years there has been approximately £2,750,000 spent on new premises and upgrading of accommodation.

The property consists of:

Location

Beccles is a thriving market town located 17 miles south east of Norwich, with a population of over 10,000. The town sits within the Broads National Park and is home to a wide selection of local and national retailers, as well as a full range of leisure and educational facilities.

Ellough Industrial Estate is located to the southeast of Beccles, and to the south of the A146 Norwich to Lowestoft Road. The estate is part of a wider commercial employment location with other occupiers in the locality including M&H Plastics, Broadwater Mouldings, CPI William Clowes and Result Clothing. There is also a substantial area of land outlined for future employment use at Ellough Moor.

The regional and industrial market has seen strong rental growth over the past 24 months. The sub- regional market of Beccles has performed in line with the regional market, with a steady increase in both demand and rental growth. Beccles has a number of multi-let industrial estates and these are all at full occupancy. The area is well located to serve Lowestoft, Sizewell and the wider Waveney Valley catchment.

Accommodation Description

The total gross internal floor area of the estate is 246,695 sq ft (22,918 sq m). The site extends to approximately 22 acres (8.9 ha). The site coverage is approximately 37.5%.

Terms

We understand that the property has been elected for VAT.

The purchaser will be required to provide the necessary documentation to cover Anti Money Laundering when heads of terms are agreed.

Summary

Key points

• 77 units
• 46 industrial tenants
• Total GIA of 246,695 sq ft (22,918 sq m)
• Total site area of 22 acres
• Total rental income of £1,225,317 (as at 2/1/25)
• Reversionary rental income of £1,354,554
• Longest occupational tenant on site for 34 years
• Largest tenant by rent and floor area in occupation for 26 years

Contact

Roche Chartered Surveyors
Tel: 01603 756333
Sam Kingston
samk@rochecs.co.uk
www.rochesurveyors.co.uk
Roche Chartered Surveyors
Tel: 01603 756338
Graham Jones
grahamj@rochecs.co.uk
www.rochesurveyors.co.uk

EPC