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2 Western Way 6,766 sq ft Industrial Unit Offered at £575,000 in Bury St Edmunds IP33 3SP
Investment Highlights
- Located close to West Suffolk Cemetery and Crematorium
- Let to Dignity Funerals Limited on a 15 year lease from July 2019
- Well Established funeral home located on the western edge of Bury St Edmunds
Executive Summary
The property comprises a single storey first generation warehouse. The property was comprehensively refurbished and fitted out for occupation by Dignity (trading as L.Fulcher Funeral Directors)
Property Facts
| Total Property Size | 13,352 sq ft | Typical Floor Size | 6,676 sq ft |
| Property Type | Industrial (Unit) | Year Built | 2000 |
| Property Subtype | Warehouse | Total Plot Size | 0.62 ac |
| Costar Property Class | C | Parking Allocation | 0.37/1,000 sq ft |
| Floors | 2 |
| Total Property Size | 13,352 sq ft |
| Property Type | Industrial (Unit) |
| Property Subtype | Warehouse |
| Costar Property Class | C |
| Floors | 2 |
| Typical Floor Size | 6,676 sq ft |
| Year Built | 2000 |
| Total Plot Size | 0.62 ac |
| Parking Allocation | 0.37/1,000 sq ft |
Amenities
- Security System
- Signage
- Monument Signage
1 Unit Available
Unit 1
| Unit Size | 6,766 sq ft | Tenure | Freehold |
| Price | £575,000 | Net Initial Yield | 7.57% |
| Price Per sq ft | £84.98 | NOI | £43,500 |
| Unit Use | Industrial | Sale Conditions | Auction Sale |
| Sale Type | Investment |
| Unit Size | 6,766 sq ft |
| Price | £575,000 |
| Price Per sq ft | £84.98 |
| Unit Use | Industrial |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 7.57% |
| NOI | £43,500 |
| Sale Conditions | Auction Sale |
Description
The property comprises a single storey first generation warehouse.
Sale Notes
Well Established funeral home located on the western edge of Bury St Edmunds. Let to Dignity Funerals Limited on a 15year lease from July 2019 Comprises approximately 6,766sq ft Investment let at £43,500p.a. (7.37% GIY on Guide Price)
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2 Western Way
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