Lot 10 - SOLD £166,000 Unit 5F, Lynx Business Park, Snailwell, Newma..
Details:
• On the instructions of the Administrators Mc Tear, Williams & Wood
• 2 storey office accommodation 243.98 sq m (2626 sq ft) in established business location
• Close to A14 (jct 37) via A142
• Adjacent unit (5E) to be offered as a separate lot - combined total 491.23 sq m (5287 sq ft)
DESCRIPTION
The property is set in a block of seven similar properties created from a single steel portal frame building. Additional glazing has been inserted at ground and first floor level together with a mezzanine floor. The property has been laid out as partly open plan demountable offices with carpeting, suspended ceilings, integral lighting and air conditioning in parts. Outside there are allocated car park spaces.
The property has the following approximate gross internal floor areas;
Ground Floor 123.84 sq m 1,333 sq ft
First Floor 120.14 sq m 1,293 sq f
Sub Total 243.98 sq m 2,626 sq ft
Services - we understand that services are connected to each unit.
BUSINESS RATES
Units 5E & 5F have been entered into the Valuation Office Rating List with a combinable Rateable Value of £30,500. The rates payable for 2009/10 are therefore £14,792.50 (calculated at the current business rate multiplier and ignoring the effects of phasing or relief). We understand that as of April 2010 the property will have a rateable value of £32,250 although the business rate multiplier is yet to be confirmed. If the properties are purchased individually then a new rating assessment would be required.
PLANNING
The property is currently used as office space. Alternative use within Class B1c (light industrial) and B1b (research and development) may be appropriate and interested parties should make their own enquiries of East Cambridge District Council Planning department (01353) 616209.
LOCATION
The property is located towards the rear of Lynx Business Park, Snailwell which is approximately 3 miles north of Newmarket. Lynx Business Park is an established and secure commercial/warehousing estate with good road links the A14 and A142.
TENURE
Freehold with vacant possesion
LEGAL PACK
http://www.eigroup.co.uk/auctioneers/templates/guides.asp?a=318&c=chf#
or
Addleshaw Goddard LLP, Sovereign House Sovereign Street, Leeds, LS1 1HQ tel 0113 209 2000 ref LD
VIEWING
Contact Cheffins Commercial Department 01223 213666 ref PW
