2 Prospect Row, Bury St. Edmunds | Property for sale | Savills
Guide price £390,000($495,345)

2 Prospect RowBury St. Edmunds

  • New
  • Sole agency
Investment

Key features

  • Investment let at £42,245 p.a. (10.83% GIY on guide)
  • Let to Enterprise Rent-A-Car UK Limited on 20 year lease from 2012
  • Current tenant has D&B rating of 5A1 (£1.39 billion in turnover in 2023)
  • Rent reviews every 5th Year
  • Future potential for a Mixed use/Residential scheme (subject to consents)
  • Feasibility sketch for development in key documents
  • 6 week completion available

To be offered via auction at savills.co.uk/auction on 29 May.

About this property

  • A freehold corner plot with single storey office let to Enterprise Rent-A-Car UK Limited with future development potential (subject to the requisite consents) Investment let at £42,245 p.a. A freehold corner plot of land with a single storey office, car wash area and associated car parking space for the occupying tenant. The site offers future development potential (subject to the requite consents) Potential proposed massing (please refer to feasibility sketch) Unit 1 - 2 storey, 2 bedroom house (80 sqm) Unit 2 - 2.5 storey, 3 bedroom house (136 sqm) Office - 3 storey (total 424 sqm) The property is located adjacent to Arc shopping centre that has multiple national occupiers including Primark, H&M, JD sports, Nandos, Wagamama etc