Summary - Unit 1 & Plots 4 & 5 Progress Way, Mid Suffolk Business Park, Eye, Suffolk, IP23 IP23 7HU
1 bed 1 bath Warehouse
High-eaves warehouse with large yard and HGV facilities, ready for industrial use.
Guide price £2,550,000 freehold
A substantial freehold industrial opportunity on Progress Way, comprising a modern detached warehouse (Plots 4 & 5) and a self-contained adjoining unit (Unit 1) with a large surfaced yard. The combined Gross Internal Area is approximately 33,747 sq ft across a 1.982-acre site, with main warehouse eaves around 8m — well suited to storage, distribution or light industrial operations.
Practical features include dock-level and roller-shutter loading doors, HGV turning/loading bay, ample car parking, three-phase power and an adjoining substation that exclusively serves the premises. Roof-mounted solar panels, first-floor open-plan offices, and C-rated EPCs (Unit 1: C 68; Plots 4 & 5: C 67) add operational value and energy-efficiency credentials.
Buyers should note key commercial realities: the current combined rateable value generates an estimated rates bill of around £80,808 pa (2024/25), broadband speeds are reported slow, and a gas heater in Unit 1 is disconnected. Services are understood present but untested — purchasers must verify capacity and availability with utility providers. Offers are invited around £2,550,000; letting is also a sale option and VAT position is to be confirmed.
This site suits owner-occupiers seeking long-term storage/distribution capacity or investors targeting a sizable industrial asset in a well-connected Suffolk business park. The Road network (A140/A14) provides good regional links while the large yard and loading provision deliver immediate logistics functionality.
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