Office for sale in 47 Cobbold Road, Felixstowe, Suffolk IP11

Situation
The property is situated on the first floor on the corner plot of Cobbold Road and Hamilton Road. Hamilton Road provides a prime trading position and is the pedestrianised high street of Felixstowe town centre. Nearby occupiers include Caffe Nero, Santander, Iceland, Coes, and W H Smith, together with various independent retailers. Cobbold Road is the beginning of the residential area between the town centre and the sea front.

Description
The property comprises a first floor Class E unit with return frontage on Hamilton Road. The property sits above the recently refurbished Boots and adjoins already converted residential property. The current configuration is open plan as the former use of a gym, with ladies and gents shower rooms.

Accommodation (all areas are approximate)
Total Floor Area 243 sq m (2,615.6 sq ft)

Planning
We understand the property to benefit from Class E use. All interested parties should contact East Suffolk Council.

Indicative plans for residential conversion have shown a viable split to provide two one-bedroom apartments, and two two-bedroom apartments. This would be subject to the usual conditions with converting from Class E.

Business Rates
The rateable value is to be reassessed.

Any queries regarding business rates should be directed to East Suffolk Council.

Terms & Tenure
The premises are available for sale at a price of £200,000. The property will likely be sold as a long leasehold of 125 years.

There will be a Service Charge to contribute towards the maintenance of the building, and any privately managed services. Buildings insurance will be recharged separately.

Further detail available upon request.

Services & Utilities
We understand that mains electricity and water are connected to the property. None of the services have been tested and it is the responsibility of the interested party to satisfy themselves as to their operation / condition, including it infrastructure. The Purchaser is responsible for all utilities.

VAT

VAT is applicable.

EPC

Available upon request.