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Progress Way 10,381 SF Industrial Condo Unit Offered at $1,009,693 in Eye IP23 7HU



Investment Highlights
- Prominent industrial location
- Parking spaces
- Good road access
Executive Summary
Mid Suffolk Business Park comprises a modern development of industrial and warehouse units to the north of Eye. The A140 provides road communications with Norwich, 24 miles to the north east and the A14, 15 miles to the south, providing access to the A12 and national motorway network. The warehouses are located on Progress Way, approximately 1 mile from the A140 via the B1077.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | Tenure | Freehold |
| Sale Type | Owner User |
| Tenure | Freehold |
Description
The property comprises a modern steel portal frame warehouse, forming part of a terrace of four units. The elevations are of low-level brick and blockwork with insulated profile cladding above and to the roof, incorporating translucent panels. Internally, the property provides predominantly warehouse accommodation, together with a mezzanine level offering additional storage above and light manufacturing/processing space below. Ancillary accommodation, including offices, stores, kitchen and WCs, is located to the front.
The specification includes a mixture of fluorescent and LED lighting, 3-phase power, and gas-fired heaters within the warehouse. Access is via a roller shutter door to the front elevation. Externally, there is a large surfaced forecourt providing loading, storage and parking.
The specification includes a mixture of fluorescent and LED lighting, 3-phase power, and gas-fired heaters within the warehouse. Access is via a roller shutter door to the front elevation. Externally, there is a large surfaced forecourt providing loading, storage and parking.
Sale Notes
Offers are invited in the region of £750,000 for the freehold with vacant possession upon completion.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 3 | 10,381 SF | Industrial | $1,009,693 ($97.26/SF) | - |
Unit 3
| Unit Size |
| 10,381 SF |
| Condo Use |
| Industrial |
| Price |
| $1,009,693 ($97.26/SF) |
| NOI |
| - |
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Unit 3
| Unit Size | 10,381 SF |
| Condo Use | Industrial |
| Price | $1,009,693 ($97.26/SF) |
| NOI | - |
| Sale Type | Owner User |
| Tenure | Freehold |
| Description | |
| The property comprises a modern steel portal frame warehouse, forming part of a terrace of four units. The elevations are of low-level brick and blockwork with insulated profile cladding above and to the roof, incorporating translucent panels. Internally, the property provides predominantly warehouse accommodation, together with a mezzanine level offering additional storage above and light manufacturing/processing space below. Ancillary accommodation, including offices, stores, kitchen and WCs, is located to the front. <br> <br> The specification includes a mixture of fluorescent and LED lighting, 3-phase power, and gas-fired heaters within the warehouse. Access is via a roller shutter door to the front elevation. Externally, there is a large surfaced forecourt providing loading, storage and parking.</li></ul> | |
| Sale Notes | |
| Offers are invited in the region of £750,000 for the freehold with vacant possession upon completion.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 42,125 SF | Floors | 2 |
| Property Type | Industrial (Condo) | Typical Floor Size | 21,063 SF |
| Property Subtype | Service | Year Built | 2007 |
| Building Class | B | Lot Size | 1.77 AC |
| Total Building Size | 42,125 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Service |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 21,063 SF |
| Year Built | 2007 |
| Lot Size | 1.77 AC |
Amenities
- Fenced Lot
- Energy Performance Rating - C
- Automatic Blinds
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Progress Way
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