Property photos
Auction
From
£390,000
Property for sale
Prospect Row, Bury St. Edmunds IP33Local area information
Property location
Nearby amenities
- St Edmund's Catholic Primary School 0.3 miles
- Guildhall Feoffment Community Primary School 0.3 miles
- Bury St Edmunds 0.6 miles
- Thurston 4.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Bury St Edmunds to find out more about the local area.
Features and description
- To be offered on Wednesday 29 May
- Investment let at £42,245
- P.a. (10.83% giy on guide)
- Let to Enterprise Rent-a-Car UK Limited on 20 year lease from 2012 (approx. 8 years unexpired)
- Current tenant has D&B rating of 5A1 (£1.39 billion in turnover in 2023)
- Rent reviews every 5th Year
- Future development potential for a Mixed use/Residential scheme (subject to the requisite consents)
- Feasibility sketch for development in key documents
- Located adjacent to the Arc Shopping Centre
- 6 week completion available
Strapline
Auction Sale - 29/05/2024
Of interest to Investors and Developers
A freehold corner plot with single storey office let to Enterprise Rent-a-Car UK Limited with future development potential (subject to the requisite consents)
Investment let at £42,245 p.a.
Description
A freehold corner plot of land with a single storey office, car wash area and associated car parking space for the occupying tenant.
The site offers future development potential (subject to the requite consents)
Potential proposed massing (please refer to feasibility sketch)
The property is located adjacent to Arc shopping centre that has multiple national occupiers including Primark, H&M, jd sports, Nandos, Wagamama etc
Location
The property is located on the North side of King's Road
Bury St Edmunds station is located an approx. 0.8 miles
Transport
Bury St Edmunds station - National Rail services
Tenancy
Please refer to Accommodation and Tenancy schedule
Please note that the measurements have been taken from the voa
Enterprise Rent-a-Car UK Limited
Please note that the clients right for first refusal to purchase has been waived (please refer to legal pack)
Accommodation
Please refer to Accommodation and Tenancy schedule
Auction Sale - 29/05/2024
Of interest to Investors and Developers
A freehold corner plot with single storey office let to Enterprise Rent-a-Car UK Limited with future development potential (subject to the requisite consents)
Investment let at £42,245 p.a.
Description
A freehold corner plot of land with a single storey office, car wash area and associated car parking space for the occupying tenant.
The site offers future development potential (subject to the requite consents)
Potential proposed massing (please refer to feasibility sketch)
- Unit 1 - 2 storey, 2 bedroom house (80 sqm)
- Unit 2 - 2.5 storey, 3 bedroom house (136 sqm)
- Office - 3 storey (total 424 sqm)
The property is located adjacent to Arc shopping centre that has multiple national occupiers including Primark, H&M, jd sports, Nandos, Wagamama etc
Location
The property is located on the North side of King's Road
Bury St Edmunds station is located an approx. 0.8 miles
Transport
Bury St Edmunds station - National Rail services
Tenancy
Please refer to Accommodation and Tenancy schedule
Please note that the measurements have been taken from the voa
Enterprise Rent-a-Car UK Limited
- D&B rating of 5A1
- £1.39 billion in turnover in 2023
- Pre Tax profit (2023) £206 million
Please note that the clients right for first refusal to purchase has been waived (please refer to legal pack)
Accommodation
Please refer to Accommodation and Tenancy schedule
More information
Listed by
Savills - National Auctions
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