Stagecoach Bus & Car Park Haverhill Business Park Haverhill Suffolk CB9 7AE

  • Stagecoach Bus & Car Park<br>Haverhill Business Park<br>Haverhill<br>Suffolk<br>CB9 7AE

Stagecoach Bus & Car Park
Haverhill Business Park
Haverhill
Suffolk
CB9 7AE

Freehold Bus/Car Park with Potential Investment

  • Entirely let to Cambus Limited t/a Stagecoach until August 2022
  • Located on the established Haverhill Business Park
  • Future Development Potential (subject to consents)
  • Approximate site area of 0.21 hectares (0.51 acres)
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot
    77
  • Auction
    22nd October 2015
  • Rent
    £31,300 per Annum Exclusive
  • Status
    Sold
  • Price
    £407,000
  • Sector
    Industrial/Warehouse
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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Freehold Bus/Car Park with Potential Investment

  • Entirely let to Cambus Limited t/a Stagecoach until August 2022
  • Located on the established Haverhill Business Park
  • Future Development Potential (subject to consents)
  • Approximate site area of 0.21 hectares (0.51 acres)
  • Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>
  • Lot 77
  • Auction 22nd October 2015
  • Rent £31,300 per Annum Exclusive
  • Status Sold
  • Price £407,000
  • Sector
    Industrial/Warehouse
  • Auction Venue
    Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
17 miles south-east of Cambridge, 18 miles south-west of Bury St Edmunds, 52 miles north-east of Central London
Roads
A143, A1307, A1017, M11 (Junction 9)
Air
Stansted Airport
Situation

The property is situated to the south of Haverhill town centre within the established Haverhill Business Park on the northern side of Phoenix Road, just off the A1017. Nearby occupiers include Days Inn, Harvester, Buildbase and Culina Logistics.

Tenure

Freehold.

Location
Miles
17 miles south-east of Cambridge, 18 miles south-west of Bury St Edmunds, 52 miles north-east of Central London
Roads
A143, A1307, A1017, M11 (Junction 9)
Air
Stansted Airport
Situation

The property is situated to the south of Haverhill town centre within the established Haverhill Business Park on the northern side of Phoenix Road, just off the A1017. Nearby occupiers include Days Inn, Harvester, Buildbase and Culina Logistics.

Tenure

Freehold.

Description

The property comprises a rectangular shaped fully concrete surfaced yard of approximately 0.21 hectares (0.51 acres) benefiting from security fencing and lighting and currently operating as a bus park with ancillary car parking.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a rectangular shaped fully concrete surfaced yard of approximately 0.21 hectares (0.51 acres) benefiting from security fencing and lighting and currently operating as a bus park with ancillary car parking.

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Site Area (Approx) Tenant Term Rent p.a.x. Review
Ground Bus Park/
Car Parking
0.21 Hectares
(0.51 Acres)
CAMBUS
LIMITED (1)
(t/a Stagecoach)
15 years from 30/08/2007
until 29/08/2022 on a full
repairing and insuring lease
£31,300 30/08/2017
Totals  
0.21 Hectares
(0.51 Acres)
    £31,300  

(1) Cambus Limited is a subsidiary company of Stagecoach Bus Holdings Limited. For the year ending 30th April 2014, Cambus Limited reported a turnover of £57,360,000, pre-tax profits of £9,360,000 and a total net worth of £2,515,000. (Source: www.riskdisk.com 14/09/2015)

Property Documents

  • Site Plan
    Updated Date
    01.03.23
    File Size
    43 KB
    View PDF
  • Catalogue Page
    Updated Date
    01.03.23
    File Size
    598 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Charlie PowterCharlie Powter +44 (0)20 7034 4853 +44 (0)7768 120 904charlie.powter@acuitus.co.uk
Seller's Solicitors
Reed Smith LLP The Broadgate Tower, 20 Primrose Street
London
EC2A 2RS
020 3116 3999
Nisha Aggarwal 020 3116 2874naggarwal@reedsmith.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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