Type: OFFICETenure: FREEHOLD FOR SALESize: 8,775 sq ftPrice: On applicationLOCATION: Ross House is located at Suffolk Park, Bury St Edmunds’ premier out of town business park. Suffolk Park is situated on the eastern outskirts of Bury St Edmunds, approximately two miles from the town centre and adjacent to the A14. Nearby occupiers include Taylor Wimpey, Bloor Homes, John Banks Honda and Knights Lowe Accountants.Bury St Edmunds is an attractive and prosperous market town which forms the commercial and administrative centre of West Suffolk. The Town lies 30 miles east of Cambridge, 26 west of Ipswich and 70 miles north of London. The town has excellent road connections serving East Anglia and linking to the national motorway network via the A14 & A11. Rail services are provided with direct trains to Cambridge (42 minutes), Ipswich (38 minutes) and services to London Kings Cross (1 hour 38 mins).DESCRIPTION: Ross House is an attractive and prominent two storey office building providing high quality office space with an excellent internal specification. Externally the property benefits from 37 on-site allocated parking spaces. The first floor is independent from the ground floor, therefore providing self-contained office accommodation. Each floor is predominantly open plan and benefits from male, female and disabled WCs and a kitchen area.The internal specification includes the following: Predominantly open plan floor plate Raised floors and perimeter trunking Suspended Cat 2 lighting and LG7 lighting Comfort cooling and heating system Fully carpeted Passenger lift to first floorTENURE: Freehold subject to the following occupational tenancy.OCCUPATIONAL TENANCIES: The ground floor is let to Lark (Group) Ltd for a term of ten years on effectively FRI terms at a rent of £60,567 per annum from 2nd May 2017. The tenant has a break option on 2nd May 2022. A full copy of the lease is available on request.The first floor is currently let to Northgate Public Services (UK) Limited who have exercised a break option and will be vacating the floor on 25 December 2017.VAT: The property is elected for VAT and therefore VAT is chargeable on the purchase price.SERVICE CHARGE: A service charge is recovered from the tenants for maintaining the common parts of the property and landscaped areas. For further details on the service charge budget please contact the marketing agents for more information.SERVICES: We are advised the property has mains electricity, drainage and water. These services have not been tested.ENERGY PERFORMANCE CERTIFICATE: Ground floor EPC Rating of D-95. First Floor EPC Rating of D-93. A full copy of the certificates are available from the agents.LEGAL COSTS: Each party to be responsible for their own legal costs on completion of this transaction. The buyer will be required to provide an undertaking to pay the seller’s abortive legal costs should they withdraw from the sale once solicitors are instructed.
This office for sale is located in Bury St Edmunds
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