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Skoda Dettingen Way 13,390 sq ft Retail Property Bury St Edmunds IP33 3TU £2,025,000 (£151.23/sq ft) 6.42% Net Initial Yield
Investment Highlights
- Modern portal frame construction
- Established industrial park location
- Prominent roadside frontage
Executive Summary
The accommodation comprises a modern showroom and workshop facility arranged across ground, mezzanine and first floor levels. The ground floor provides a glazed showroom, workshop space, parts storage and ancillary offices, with additional office accommodation at first floor and a mezzanine level. The unit is configured to support vehicle sales, servicing and storage, with a layout suitable for automotive, trade or showroom occupiers.
- Modern detached warehouse with showroom accommodation
- Long income with CPIH-linked rental growth
- Strong covenant with long lease expiry in 2042
- Prominent position on established industrial park
- Low site coverage with extensive external parking
- Modern detached warehouse with showroom accommodation
- Long income with CPIH-linked rental growth
- Strong covenant with long lease expiry in 2042
- Prominent position on established industrial park
- Low site coverage with extensive external parking
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Car Dealership
Property Size
13,390 sq ft
Costar Property Class
B
Year Built
2000
Price
£2,025,000
Price per sq ft
£151.23
Yield
6.42%
NOI
£130,000
Tenancy
Single
Number of Floors
3
Plot ratio
0.20
Total Plot Size
1.53 ac
Parking
117 Spaces (8.74 Spaces per 1,000 sq ft Leased)
Frontage
64 ft on Dettingen Way
Amenities
- 24 Hour Access
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Nearby Major Retailers
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Skoda | Dettingen Way
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