Prospect Row, Bury St. Edmunds | Property for sale | Savills
Guide price £390,000(Rp8.018.637.505)

Prospect RowBury St. Edmunds

  • New
  • Sole agency
  • Freehold

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 development potential for a Mixed use/Residential scheme
  • Feasibility sketch for development in key documents
  • Located adjacent to the Arc Shopping Centre
  • 6 week completion available

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)

About this property

  • 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

Local information

  • The property is located on the North side of King's Road
  • Bury St Edmunds station is located an approx. 0.8 miles