Stowmarket EAST is a 54 acre (22 hectare) site with the benefit of outline planning permission for up to 32 acres (13 hectares) of business and industrial development along with a family pub / restaurant and two drive thru restaurants.
( Agency Pilot Software Ref: 14113737 )
Location
Situated on Junction 50 of the A14 on the eastern edge of Stowmarket, Stowmarket East is midway between Ipswich and Bury St Edmunds. The Port of Felixstowe is 25 miles to the east and Cambridge 45 miles to the west. The site is accessed from the A1120 which provides a short link to the A14.
Stowmarket is a busy market town in Suffolk with a resident population of 15,000, a district population of 87,000 and 234,000 living within 20 km of the town centre.
Nearby towns include Ipswich (13 miles), Bury St Edmunds (15 miles), Sudbury (19 miles) and Thetford (23 miles). London is 82 miles to the south west.
The town benefits from good transport links being served by the A14 and the A1120, while Stowmarket train station provides a direct service to London Liverpool Street with a fastest journey time of 1 hour 24 minutes. London Stansted Airport is only a 60 minutes’ drive.
There are, on average, around 41,800 vehicles passing the site on daily basis (Source: Department for Transport)
Accommodation
Planning - The site benefits from outline planning permission for up to 13ha (32.12 acres) of business and industrial development (use Class B1a, B1b, B1c, B2 & B8), up to 540m2 floor area of use Class A4, up to 425m2 floor area of use Class A3/A5 and associated infrastructure & works. The total proposed developable area is 14.97ha (36.99 acres).
Vehicular access from the A1120 is approved in detail as part of the planning permission.
Planning permission reference number: 1582/17
Terms
Terms - The site is for sale on a freehold basis with the benefit of the current planning permission.
VAT - The site has been elected for VAT.
Easements, Wayleaves and Rights of Way - The property is offered subject to and with the benefit of all existing rights of way, wayleaves and easements, whether or not specifically referred to in the sales information.
Legal & Professional Costs - Each party will be responsible for their own legal and professional costs incurred in any transaction.