Unit A&B, Chapel Lane, Ipswich
£2,600,000

Situation
Chapel Lane occupies a well-connected locale nestled between Great Blakenham and Needham Market, just a mile from Junction 52 of the A14. The A14, serving as a vital artery linking Felixstowe with Cambridge and the Midlands, complements the property's strategic positioning. Furthermore, the A12 lies within 5 miles of Junction 52, offering convenient road links to Colchester, Cambridge, and London.

Description
The site is easily accessible from Chapel Lane and provides a palisade fenced compound at the front of the property. The warehouses have a concrete floor and are of steel portal frame construction. There is three phase electricity, mains water, and sewerage. The properties share a wall and a gulley on the roof, and we understand could be taken by a single occupier. There is ample roof lighting. There is parking to the front and side of the property.

Accommodation (all areas are approximate)
• Warehouse A approx. 2,301 sq m (24,767 sq ft) - Let
• Warehouse B approx. 1,943 sq m (20,914 sq ft) - Let
Total Warehouse Area: 4,244 sq m (45,681 sq ft )
Total Site Area: 1.7 acres (0.68 hectares)

Planning
We understand the property to have B2/B8 planning. All interested parties should contact Babergh Mid Suffolk District Council.

Business Rates
All interested parties should contact Babergh/ Mid-Suffolk District Council.

Terms & Tenure
Unit B is available on a new lease, for a term of years to be agreed, at a commencing rental of £125,514 per annum exclusive. Charles Kendall have a term of 11 months remaining but would surrender with consent. Charles Kendall are still paying rent under their lease obligations.
Unit A is occupied under a lease ending 31st December 2027. Anchor Safety llp are paying a rent of £100,333 + VAT
There is no service charge at this time, but we understand the Tenant will be recharged their proportion of the building insurance to the Landlord.

VAT

VAT is applicable.

Services
We understand that mains electricity and water are connected to the property. Gas is in the wider estate nb: None of the services have been tested and it is the responsibility of the proposed purchaser/tenant to satisfy themselves as to their operation / condition including it and telecommunications links.

EPC

Rating D76, under certificate number and valid until September 2029.

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