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Altitude Business Park, Units 18 & 21 Nacton Rd - The Drift 6,791 sq ft Industrial Unit Offered at £348,000 in Ipswich IP3 0NE
Investment Highlights
- Steel & clad construction industrial units
- Unit 18: 476 sq m (5,124 sq ft) / Unit 21: 154.87 sq m (1,667 sq ft) = Total Area Approx. 630.87 sq m (6,791 sq ft)
- Easy access for the A14 / A12, convenient for Sizewell C
- Roller shutter doors
- On-site car parking
- Total income £29,000 per annum exclusive
Executive Summary
Ipswich is the administrative and county town of Suffolk and is one of the principal commercial and financial centres of East Anglia. The town lies approximately 70 miles north east of central London, 55 miles south east of Cambridge, 43 miles south of Norwich, and 18 miles north east of Colchester. Major roads in the area include the A12, which provides dual carriageway access to the A14, providing a principal link from the Port of Felixstowe (9 miles to the south east) to the East Midlands. The property is located on Altitude Business Park, close to the A14/A12, convenient for Sizewell C. Busy estate on the outskirts of Ipswich, hosting a variety of trades.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Net Initial Yield | 8.33% |
| Sale Type | Investment |
| Net Initial Yield | 8.33% |
| Tenure | Freehold |
Description
Units 18 + 21:
Unit 18: Steel and clad construction, roller shutter door, 2 main entry doors, rear double doors, enclosed rear yard, with an office. 4 car parking spaces.
Unit 21: Steel and clad construction, roller shutter door, main entry door, 3 car parking spaces.
We understand that mains electricity and water are connected to the property. NB: None of the services have been tested and it is the responsibility of the proposed purchaser to satisfy themselves as to their operation/condition including IT and telecommunications links.
Energy Performance Certificate available on request.
VAT is not applicable.
Each party to bear responsibility for their own legal costs incurred in this transaction.
Unit 18: Steel and clad construction, roller shutter door, 2 main entry doors, rear double doors, enclosed rear yard, with an office. 4 car parking spaces.
Unit 21: Steel and clad construction, roller shutter door, main entry door, 3 car parking spaces.
We understand that mains electricity and water are connected to the property. NB: None of the services have been tested and it is the responsibility of the proposed purchaser to satisfy themselves as to their operation/condition including IT and telecommunications links.
Energy Performance Certificate available on request.
VAT is not applicable.
Each party to bear responsibility for their own legal costs incurred in this transaction.
Sale Notes
Total income £29,000 per annum exclusive:
Unit 18: 7-year lease on FRI terms from 21st May 2026 to 20th May 2033. Rent £15,000 per annum exclusive
Unit 21: 7-year lease on FRI terms from 21st May 2026 to 20th May 2033. Rent £14,000 per annum exclusive.
Unit 18: 7-year lease on FRI terms from 21st May 2026 to 20th May 2033. Rent £15,000 per annum exclusive
Unit 21: 7-year lease on FRI terms from 21st May 2026 to 20th May 2033. Rent £14,000 per annum exclusive.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 18 & 21 | 6,791 sq ft | Industrial | £348,000 (£51.24/sq ft) | £29,000 |
Unit 18 & 21
| Unit Size |
| 6,791 sq ft |
| Unit Use |
| Industrial |
| Price |
| £348,000 (£51.24/sq ft) |
| NOI |
| £29,000 |
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Unit 18 & 21
| Unit Size | 6,791 sq ft |
| Unit Use | Industrial |
| Price | £348,000 (£51.24/sq ft) |
| NOI | £29,000 |
| Sale Type | Investment |
| Net Initial Yield | 8.33% |
| Tenure | Freehold |
| Description | |
| Units 18 + 21:<br> <br> Unit 18: Steel and clad construction, roller shutter door, 2 main entry doors, rear double doors, enclosed rear yard, with an office. 4 car parking spaces.<br> Unit 21: Steel and clad construction, roller shutter door, main entry door, 3 car parking spaces.<br> <br> We understand that mains electricity and water are connected to the property. NB: None of the services have been tested and it is the responsibility of the proposed purchaser to satisfy themselves as to their operation/condition including IT and telecommunications links.<br> <br> Energy Performance Certificate available on request.<br> <br> VAT is not applicable.<br> <br> Each party to bear responsibility for their own legal costs incurred in this transaction.</li></ul> | |
| Sale Notes | |
| Total income £29,000 per annum exclusive:<br> <br> Unit 18: 7-year lease on FRI terms from 21st May 2026 to 20th May 2033. Rent £15,000 per annum exclusive<br> Unit 21: 7-year lease on FRI terms from 21st May 2026 to 20th May 2033. Rent £14,000 per annum exclusive.</li></ul> |
Property Facts
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 22,450 sq ft | Typical Floor Size | 22,450 sq ft |
| Property Type | Industrial (Unit) | Year Built | 1972 |
| Property Subtype | Warehouse | Total Plot Size | 2.00 ac |
| Costar Property Class | B | Parking Allocation | 2.26/1,000 sq ft |
| Floors | 1 |
| Total Property Size | 22,450 sq ft |
| Property Type | Industrial (Unit) |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Floors | 1 |
| Typical Floor Size | 22,450 sq ft |
| Year Built | 1972 |
| Total Plot Size | 2.00 ac |
| Parking Allocation | 2.26/1,000 sq ft |
Amenities
- 24 Hour Access
- Fenced Lot
- Security System
- Yard
- Roller Shutters
Utilities
- Gas
- Water
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1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Altitude Business Park, Units 18 & 21 Nacton Rd - The Drift
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