Western House, Hadleigh Road Ipswich, Suffolk IP2 0HP
WESTERN HOUSE
Location Estimated Resident Population: 122,300 Miles: 10 miles north of Colchester 56 miles south-east of Cambridge 61 miles north-east of London
Roads: A12, A14
Position The property is located in a prominent position at the entrance of Hadleigh Road Industrial Estate on the northern side of Hadleigh Road to the west of Ipswich town centre. Junction 55 of the A14 dual carriageway is approximately 1 km (0.6 mile) to the south-west.
Nearby: Magnet, Dulux, Universal Tyre & Auto Centres and BOC
(1) Areas provided by the Vendor. (2) Samskip Multimodal Container Logistics BV for the year to 12/10, reported net sales of €171.4 million and total assets of €55.6 million. (Source: One Source One-Stop Report)
(3) Network Rail Infrastructure Limited are a subsidiary of Network Rail Limited. Network Rail Limited for the year to 10/11, reported a turnover of £5,668 million and a net worth of £5,872 million. (Source: One Source One-Stop Report)
(4) Network Rail can terminate the lease at any time after 31st May 2011 on 6 months’ notice – Please see legal documentation.
The Special Conditions of Sale and a legal pack are available from the Seller’s Solicitors and are available online at www.cbre.co.uk/auctions. Seller’s Solicitor Reed Smith LLP. t: 0203 116 2800. e: mabesamis@reedsmith.com Ref: MsMAbesamis.
95
Description SUBSTANTIAL OFFICE BUILDING arranged on the ground, first, second, third, fourth and fifth floors with parking spaces for 50 cars. The site area is approximately 0.166 hectares (0.41 acres).
Tenure Freehold.
VAT is applicable to this lot – please see Special Conditions of Sale.
Rent £135,659 pa ON THE INSTRUCTIONS OF
Freehold Office Investment with Part Vacant Possession
• Six storey office building comprising approximately 18,850 sq ft
• Multi-let to tenants including Network Rail
• Active management potential
• 30Working Day Completion available
For identification purposes only – please see title documentation.