Imperial War Museum Storage Facility
Ickleton
near Duxford
Cambridgeshire
CB10 1TA

Freehold Commercial Investment

  • Let to The Trustees of The Imperial War Museum until November 2060 - see footnote (1)
  • Specialist storage facility required by The Imperial War Museum for historic film archive
  • Comprises eleven film storage units (13,836 sq ft) on a 12 acre (4.85 hectare) site
  • 5 yearly upward only RPI Rent Reviews
  • Comprehensive reinstatement requirement for tenant to reinstate to agricultural use if requested by the landlord
  • 3 miles south of Imperial War Museum (Duxford); 6 miles north of Saffron Walden
  • Lot
    20
  • Auction
    04/Apr/2019
  • Rent
    £37,696 per Annum Exclusive
  • Status
    Available
  • Price*
    £225,000 - £250,000
  • Sector
    Development
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • Imperial War Museum Storage Facility<br>Ickleton<br>near Duxford<br>Cambridgeshire<br>CB10 1TA
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* More information on the term "price" can be found here

Property Information

Location
Miles
6 miles north of Saffron Walden
12 miles south of Cambridge
18 miles north of Stansted Airport
Roads
A11, M11 (J10)
Air
London Stansted
Situation

The property is located approximately three miles south of the Imperial War Museum Duxford, 6 miles north of Saffron Walden, 12 miles south of Cambridge and 18 miles north of Stansted Airport, with excellent road connections nearby to Junction 10 of the M11.

Tenure

Freehold.

Description

The Imperial War Museum film storage facility is a major national, educational and historical resource and contains original source film material from contemporary history. The museum’s film collection includes reels of original nitrate film dating from 1901 until 1951. The property comprises eleven standalone purpose built, temperature controlled, single storey concrete pavilions. There are ancillary buildings and services supplying the stores. The site is securely fenced, landscaped and is kept under 24 hour surveillance. We understand that the facility originally cost in excess of £4 million to construct.

VAT

VAT is applicable to this lot.

EPC

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

Tenancy & Accommodation

Site AreaUnitUse
Floor Areas (Approx)
TenantTermRent p.a.xReviews
12 acres
(4.85
hectares)
Units 1-11Film
Storage
1,285.90 sq m
(13,836 sq ft)
THE TRUSTEES
OF THE IMPERIAL
WAR MUSEUM
60 years from
27/11/2000 on
a full repairing
and insuring
lease until
26/11/2060 (1)
£37,69627/11/2020 and
five yearly
thereafter (2)
Total
1,285.90 sq m
(13,836 sq ft)
  £37,696 

(1) The lease is subject to a tenant option to determine on 27/11/2020 or any time thereafter, subject to 12 months’ prior notice.
(2) The rent is reviewed every 5 years, upward only to RPI.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    21.03.19
    File Size
    34 MB
    Login to View
  • Site Plan
    Updated Date
    13.03.19
    File Size
    1 MB
    View PDF
  • Catalogue Page
    Updated Date
    13.03.19
    File Size
    1 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.01.19
    File Size
    143 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
George GoucherGeorge Goucher 020 7034 4860george.goucher@acuitus.co.uk
Seller's Solicitors
Fladgate LLP 16, Great Queen Street
London
WC2B 5DG
Stephen Lewis 0203 036 7231slewis@fladgate.com

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