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2 Western Way 6,766 SF Industrial Condo Unit Offered at $794,023 in Bury St Edmunds IP33 3SP
Investment Highlights
- Located close to West Suffolk Cemetery and Crematorium
- Let to Dignity Funerals Limited on a 15 year lease from July 2019
- Well Established funeral home located on the western edge of Bury St Edmunds
Executive Summary
The property comprises a single storey first generation warehouse. The property was comprehensively refurbished and fitted out for occupation by Dignity (trading as L.Fulcher Funeral Directors)
Property Facts
| Total Building Size | 13,352 SF | Typical Floor Size | 6,676 SF |
| Property Type | Industrial (Condo) | Year Built | 2000 |
| Property Subtype | Warehouse | Lot Size | 0.62 AC |
| Building Class | C | Parking Ratio | 0.37/1,000 SF |
| Floors | 2 |
| Total Building Size | 13,352 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 6,676 SF |
| Year Built | 2000 |
| Lot Size | 0.62 AC |
| Parking Ratio | 0.37/1,000 SF |
Amenities
- Security System
- Signage
- Monument Signage
1 Unit Available
Unit 1
| Unit Size | 6,766 SF | Tenure | Freehold |
| Price | $794,023 | Cap Rate | 7.57% |
| Price Per SF | $117.35 | NOI | $60,069.60 |
| Condo Use | Industrial | Sale Conditions | Auction Sale |
| Sale Type | Investment |
| Unit Size | 6,766 SF |
| Price | $794,023 |
| Price Per SF | $117.35 |
| Condo Use | Industrial |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 7.57% |
| NOI | $60,069.60 |
| Sale Conditions | Auction Sale |
Description
The property comprises a single storey first generation warehouse.
Sale Notes
Well Established funeral home located on the western edge of Bury St Edmunds. Let to Dignity Funerals Limited on a 15year lease from July 2019 Comprises approximately 6,766sq ft Investment let at £43,500p.a. (7.37% GIY on Guide Price)
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2 Western Way
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