Block C, Atex Business Park, Gun Cotton Way, Stowmarket, Suffolk, IP14

Property specification

• High profile position at front of estate in middle of trade counter line-up
• Freehold trade counter units
• Comprising 9,516 sq ft in total with future potential for 6 easily sub-dividable units
• Leases expiring in 2035 and 2030 AWULT 11.56 and 6.55 to break
• 2x Grade A trade counter covenants in Howden Joinery Ltd and Toolstation Ltd (D&B rated 5A1 and 5A2)
• Passing rents at £8 psf with an ERV of £10 psf providing good growth potential at review and an excellent reversionary yield
• Net income of £76,923 per annum exc. / Reversionary income of £95,160 per annum exc.
• Future proofed EPC rating of B with solar panels meeting modern energy standards
• £1,650,000 / NIY 4.4%