SUBSTANTIAL FORMER WAREHOUSE / OFFICES
LOCATION: Situated on the northern side of Cavendish Street close to Ipswich town centre.
DESCRIPTION: Substantial former warehouse and premises confidentially available.
Ground Floor: 14,208 sq ft (1,320 sqm)
First Floor: 2,970 sq ft (276 sqm)
TOTAL: 17,185 sq ft (1,596 sqm)
SERVICES: All mains services are provided to the property including mains electricity, mains drainage, mains water and gas.
BUSINESS RATES: The property is assessed as Activity Centre & Premises. RV £76,500. Rates payable 2017/8 £36,490.50.
TERMS: The property is held under the terms of a Full Repairing and Insuring Lease from 5th February 2017, expiring 4th February 2027, subject to a break clause with effect from 4th February 2022. The property is available on a new sub-lease at a commencing rental of £85,000 per annum exclusive. Alternatively the lease may be available for assignment—further details on application.
PLANNING: The property has planning for Class D2 Assembly & Leisure although has previously been used as Class B2 and B8 Industrial / Warehouse accommodation. Further information is available from Ipswich Borough Council Planning Department. Tel: 01473 432000.
LEGAL FEES: All parties to responsible for their own legal costs. In the event of an assignment there may be certain legal costs to pay which would be the responsibility of the incoming tenant.
VIEWING: Strictly by prior appointment through sole agents Beane Wass & Box on Tel: (01473) 212656 or email@example.com
CONTACT: Richard Bertram or Julian Haywood Smith
SUBJECT TO CONTRACT