Overview
- Updated On:
- March 25, 2024
Description
SUBSTANTIAL FORMER SUPERMARKET CAR PARK
WITH
POTENTIAL FOR A WIDE VARIETY OF USES OR REDEVELOPMENT IN A BUSY MIXED-USE AREA
- ABOUT 0.77 ACRES
- SURFACE CAR PARK WITH SPACE FOR OVER 100 VEHICLES
- FREEHOLD FOR SALE
LOCATION
The site is approached by a right of way from Mildenhall Road and is adjacent to the former Co-op supermarket, the former Mildenhall Maltings building and the Bury St Edmunds depot for UPS. Mildenhall Road is a mixed-use area which has seen considerable development in recent years including Marham Park, a major new community covering some sixty-five acres.
The subject site is just under one and a half miles north of the town centre, about one mile from the railway station and with easy access to the A14.
Bury St Edmunds itself is an historic market town with a population of more than forty thousand and well known for its Abbey, Cathedral, and many fine buildings. The town is an important and thriving employment centre which has seen considerable development in all sectors in recent years. The town is situated some twenty-nine miles east of Cambridge, twenty-seven miles northwest of Ipswich and forty-two miles from the port of Felixstowe. The M11 southbound is approximately thirty miles away and the town benefits from branch line train services linking Ipswich and Cambridge.
DESCRIPTION
The property comprises a former supermarket car park developed in the 1970s and which borders the river Lark on the eastern boundary. The car park is fully surfaced and fenced on two sides and extends in total to approximately 0.77 acres.
The site lends itself to a wide variety of alternative uses including open/self-storage and development, subject the necessary consents being obtained.
RATES
The car park is currently assessed with the former supermarket and the assessment is due to be apportioned. Further information is available upon request.
EPC The site is EPC exempt.
PLANNING The local planning authority is West Suffolk Council, Western Way, Bury St Edmunds, IP33 3YU – Tel. 01284 763233.
TERMS
The site is available For Sale Freehold and whilst preference would be for an unconditional sale consideration may also be given to a disposal which is subject to obtaining consent for alternative uses.
PRICE Offers are invited in the region of £450,000 for the Freehold.
VIEWING
The site is currently secure so interested parties wishing to make a detailed inspection should do so strictly by prior arrangement with the sole agents: Birchall Steel Ltd.
Car Park Mildenhall Rd Bury St Edmunds
