Under Offer

Mendlesham Industrial Estate, Norwich Road, Mendlesham, Stowmarket, Suffolk, IP14 5ND

Leasehold

130,928 sq ft

Property Advisor

Walter Scott

Partner, Logistics & Industrial

View Walter's profile

Brochure

Substantial warehouse premises with good access to A14.

The property comprises a substantial distribution warehouse with two-storey office accommodation. The original warehouse and office space was constructed in the early 1980s, with a modern warehouse extension constructed in early 2000s.

The unit has the following specification:
* Mix of steel portal/truss frame;
* 9 x level access loading doors;
* Clear internal height of between 7m - 9m;
* Approximately 40 car parking spaces.

Accommodation

The property has been measured in accordance with the RICS Code of Measuring Practice (6th Edition) and provides a total of 130,928 sq ft of accommodation. Please see brochure for a full breakdown of floor areas.

Lease terms

The property is available by way of a new lease directly with the landlord on terms to be agreed.

Rates

The Rateable Value for the property is £367,500. For business rates information, applicants should enquire directly with Mid Suffolk District Council on 0300 1234000. For the year commencing 1 April 2021, rates payable are normally charged at 51.2p in the pound.

Legal costs

Each party to be responsible for their own legal costs incurred in the transaction.

Energy perfomance certificate

C-59. Available upon request.

Location

The property is situated on the A140 Norwich-Ipswich road, approximately 1.5 miles to the south east of Mendlesham and 5.5 miles north east of Stowmarket in Suffolk.

Being situated adjacent to the A140, the property benefits from excellent transport links to the expanding East Coast ports and the fast-growing Eastern region. The A14, which is 6 miles to the south, links to the major port of Felixstowe (30 miles to the south east) and to Ipswich, 16 miles south. The A14 also runs west to provide access to Cambridge, the M11, the A1(M) and onwards to the M1 and M6.

The property is well-located for access to Felixstowe, the UK's biggest and busiest container port and one of the largest in Europe. The port handles more than 4 million TEUs (Twenty-foot Equivalent Units) and welcomes approximately 2,000 ships each year, including the largest container vessels afloat today. Approximately 17 shipping lines operate from Felixstowe to and from over 700 ports around the world.
Harwich is 44 miles south east of Mendlesham via the A14, A12 and A120. As well as ferry services, the port also operates bulk cargo services.

Norwich International Airport is located 34 miles to the north via the A140. London Stansted Airport is 61 miles to the south west via the A14 and the A12.

Stowmarket Railway Station is situated 5.5 miles to the south west and provides a direct train into London Liverpool Street Station, with a fastest journey time of 85 minutes.