19 – 23 Princes Street, Ipswich

LOCATION: The property occupies a very prominent location in the heart of the town’s business district in Princes Street. Other occupiers located nearby include William H Brown, Ipswich Building Society and Willis Towers Watson.

DESCRIPTION: The property comprises a ground floor A2 User with main sales area along the frontage and a boardroom behind, together with additional storage, male and female W.C accommodation. The unit is mainly laid to carpet with ancillary timber laminated flooring and a high ceiling of 2.2 metres. Smoke detectors and sounders together with a security entry system are fitted together with data and telephone sockets throughout.

Basement level, via an internal staircase is a large area for storage, strong room, boiler room and a staff room with wash up facility. The building has an interesting stone frontage and a recessed entrance lobby.

ACCOMMODATION: Ground floor
Sales Area 678.1 sq ft (63.0 sqm)
Board Room 142.1 sq ft (13.2 sqm)
Basement
Main Store 481.1 sq ft (44.7 sqm)
Strong Room 121.6 sq ft (11.3 sqm)
Boiler Room 91.5 sq ft (8.5 sqm)

PLANNING: We are unable to locate any planning history. The property probably benefits from Class A2 Use. Further information is available from Ipswich Borough Council—01473 432000.

BUSINESS RATES: The property is assessed as Offices & Premises – RV £11,500 In the 2017 Rating Revaluation.

Qualifying occupiers may be eligible for small business rates relief whichcan reduce rates payable by up to 100% for certain properties with low rateable values. Details can be obtained from the Local Authority Business Rates Department– 01473 433851.

TERMS The property is available to let on a new 5 year lease on an internal repairing and insuring lease at a rent of £16,000 p.a. Vat is not payable.

SERVICE CHARGE Further details on application.

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