Moor Green Farm, Stanningfield, Bury St. Edmunds, IP29 4RX

£500,000 / £60,000 per annum

Overview

Industrial
Property Type

Description

Location

Moor Green Farm is located in a rural location on the edge of Stannigfield village approximately 6.2 miles south of Bury St Edmunds and the A14 and 1.2 miles from the A134. What 3 Words: pack.riddle.sweetened

It is approached over a concrete drive thorough metal gates, the land is generally hard surfaces and or laid to concrete and it total has a site area of approximately 1.94 acres. The former agricultural buildings received a change of use to business and warehouse use in the early 1990s and the site comprises of 3 units, 2 adjoining, with external storage and yard areas. The three framed units are clad in blockwork with cement sheet cladding under cement sheet roofs. The site is served with three phase electric.

The units and external surfaces are in poor repair and in need of clearing and as such allow a purchaser to update the property to their requirements.

Availability

The property is available as a whole FOR SALE with vacant possession or TO LET on terms to be agreed subject to lease terms allowing for investment of required works. An overage provision for future residential development may be required.

VAT

Option to tax to be confirmed, all prices, rents etc. are quoted exclusive of VAT at the prevailing rate.

Business Rates

The combined rateable value for the site and units is £32,150. (Unit 1&2 £23,750 & Unit 3 £8,400).

Use and Planning

The property was granted consent for Class B1 and B8 Use via application E/91/1048/P. (Class B1 is now E class).

Summary

Key points

Located 6 miles from BSE & 1.2 miles from the A134
The site is approximately 1.94 acres (7845 sq m).
The property is need of refurbishment
Direct access to public highway
Excellent site to building ratio
Potential to redevelop and improve the site

Contact

Merrifields Chartered Surveyors
Tel: 01284 700700
Jack Hastings
jack@merrifields.co.uk
www.merrifields.co.uk
Merrifields Chartered Surveyors
Tel: 01284 700700
Anaya John-Baptiste
anaya@merrifields.co.uk
www.merrifields.co.uk