Unit 7 Friars Courtyard- Leasehold For Sale

Long Leasehold For Sale reduced to £165,000 + Vat

Self Contained, Tenanted Office Building

LOCATION: The property occupies a prominent location in the heart of the town’s business district, opposite the Grade I Listed Willis Building. Other occupiers located nearby include Blue Arrow, Savills and Birketts Solicitors.

DESCRIPTION: The property comprises a fully let, self contained 2 storey office building of traditional brick construction. The building has carpeted floors and benefits from gas fired central heating, fire alarm, kitchen and W.C facilities and is in excellent decorative order.

ACCOMMODATION: Ground floor office 586 sq ft (54.4 sqm) (Now let)
First floor office 670 sq ft (62.2 sqm)
Total 1,256 sq ft (116.6 sqm)

PLANNING: The whole property benefits from Class B1 Office Use. Further information is available from Ipswich Borough Council: 01473 432000

BUSINESS RATES: The whole property is assessed as Offices & Premises – RV £10,250 In the
2017 Revaluation List.

TERMS The property is held on a 199 year lease from 18th March 2014 at a ground rental of £150 p.a + Vat. 2 car parking spaces are held on a 25 year lease from 18th March 2014 at a total rental of £1,700 p.a + Vat.

The ground floor has been let to Agentis Construction until 12th October 2019 at a rent of 7,260 p.a inclusive of insurance, rent and 2 car parking spaces.

The first floor has been let to Ultima Business Support Ltd until 14th August 2019 at a rent of £6,000 inclusive of insurance, rates and service charge.

SERVICE CHARGE For the year ending December 2017 a service charge of £627 p.a was
payable for car park maintenance.

INSURANCE: For the year ending December 2017 the insurance premium was £158.27.

LEGAL COSTS: Each party to be responsible for their own legal costs involved in the transaction.

EPC Band C68

VIEWING: Strictly by prior appointment through Beane Wass & Box onTel: (01473) 212656
or E-Mail: enquiries@bw-b.co.uk

CONTACT: Richard Bertram or Julian Haywood Smith

SUBJECT TO CONTRACT