Property Features

Location:
Byford Court, Crockatt Road, Lady Lane Industrial Estate, Hadleigh, IP7 6RD
Tenure:Freehold
Units 15 16 17 Byford Court, Hadleigh IP7 6RD
Property Type
B1 - Light Industrial

About the Property

    LOCATION
    The premises are situated in Byford Court which is approached from Crockatt Road which is the most modern extension of the Lady Lane Industrial Estate. Nearby occupiers include Celotex and Buildbase along with a wide variety of local businesses. The unit is situated about quarter of a mile from the A1071 Hadleigh bypass, half a mile from the Morrisons superstore and about three quarters of a mile from Hadleigh town centre.
    Hadleigh itself is an attractive and expanding market town with a population of around 12,000 and which serves a wider catchment area. The town has seen continuing growth with a major new development on the eastern side, being undertaken by Persimmon and where further commercial development is also proposed. The town is situated some 9 miles west of Ipswich, 12 miles from Sudbury and about 13 miles north-west of Colchester. There are main line train services from both Ipswich and Colchester with travel times to Liverpool St from the latter being less than 1 hour.

    DESCRIPTION
    The property comprises three adjacent industrial units constructed about 20 years ago, of cavity brick/block work with part profiled steel cladding under a mono-pitch steel clad roof. Units 15 and 16 have insulated up and over doors, and windows and doors are uPVC double glazed units.

    Details

    15 Byford Court
    Area: Ground Floor GIA 715 ft² / Mezzanine 245 ft²
    Rateable Value: £8,300
    EPC Rating: Rating E / Expiring 2031
    Existing FRI Lease: Tenant – Let to an individual t/a Country Creations
    5 year Lease from December 2025 FRI with a Schedule of Condition
    Tenant option to break 2028
    RENT: £10,000 pa / CPI Review 2028

    16 Byford Court
    Area: Ground Floor GIA 930 ft²
    Rateable Value: £6,200
    EPC Rating: Rating E / Expiring 2031
    Existing FRI Lease: Tenant – Let to an individual t/a Rush Reselling
    10 year Lease from April 2023 FRI – Annual mutual breaks on 6 months’ notice
    RENT: £10,500 pa / Open Market Review 2028

    17 Byford Court
    Area: Ground Floor GIA 953 ft² / Mezzanine 450 ft²
    Rateable Value: £14,750
    EPC Rating: Rating C / Expiring 2031
    Existing FRI Lease: Tenant – Let to an individual t/a Rush Repairs
    10 year Lease from April 2023 FRI – Annual mutual breaks on 6 months’ notice
    RENT: £13,200 pa / Open Market Review 2028

    Price
    Unit 15 – £145,000
    Unit 16 – £152,500
    Unit 17 – £165,000

    VAT
    The units are all elected for VAT. It is envisaged that the sales will be treated as a
    Transfer Of A Going Concern (TOGC).

    VAT
    The buildings are elected for VAT.

    VIEWING
    Strictly by prior appointment with the sole agents Birchall Steel a division of Nicholas Percival.

    FAO: Gordon Birchall / Karen Street
    Tel: 01787 883888
    Email: Gordon.Birchall@birchallsteel.co.uk / karen.street@birchallsteel.co.uk

    Units 15 16 17 Byford Court, Hadleigh IP7 6RD

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