Retail premises for sale

28-32 Upper Brook Street, Ipswich, Suffolk IP4

This substantial property is arranged over four floors under a flat roof. The ground floor provides a large retail / sales area with further retail space on the first floor. Ancillary storage accommodation is located at the rear of the ground and first floors together with the whole of the second and third floors. The property has goods access to the rear via St Stephens Lane and benefits from a prominent shop frontage onto busy Upper Brook Street.

Location

Ipswich is the largest town and the administrative centre for Suffolk, with a population of approximately 140,274. The town boasts an award-winning Waterfront, a vibrant community of national and independent retailers, and an array of colourful pubs, bars and international restaurants; all within a short distance of the stunning Suffolk countryside and coastline. The property is located along Upper Brook Street in the town centre and nearby occupiers include Sainsbury's, Gregg's, cex and Caffe Nero.

Ipswich is a vibrant town in East Anglia located approximately 17 miles north east of Colchester, 53 miles east of Cambridge and 46 miles south of Norwich.

Description

This substantial property is arranged over four floors under a flat roof. The ground floor provides a large retail / sales area with further retail space on the first floor. Ancillary storage accommodation is located at the rear of the ground and first floors together with the whole of the second and third floors. The property has goods access to the rear via St Stephens Lane and benefits from a prominent shop frontage onto busy Upper Brook Street.

Accommodation

We have been informed that the approximate gross internal floor areas are as follows;

Ground floor- 1,228.3 sq m (13,221 sq ft)
First floor- 1,162.6 sq m (12,514 sq ft)
Second floor- 282 sq m (3,035 sq ft)
Third floor- 198.15 sq m (2,133 sq ft)

total gia- 2,871.05 sq m (30,903 sq ft)

Services

We understand that mains electricity, water and drainage are connected. None of the heating systems or any other plant and equipment have been tested by Commercial List and prospective purchasers must rely on their own investigations as to their existence and condition.

Business Rates

From enquiries made through the Valuation Office website, we understand that the following rating assessment applies;

Rateable value: £98,000

Interested parties should make their own enquiries as to the amount of rates payable.

Terms

The unit is for sale freehold at an asking price of £1,995,000 plus VAT. Please note there is currently a lease in place that can be terminated subject to serving 6 weeks notice, therefore the sale can proceed as a togc or with vacant possession.

Epc

Energy rating - B

Vat

We understand that VAT is payable on the sale price.

Legal Costs

Each party to pay their own legal costs incurred.

Viewing

For an appointment to view or further information please contact;

Commercial List
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Agents Note

Please note, by submitting an enquiry regarding this property you agree that we may send your details to the freeholder / landlord / managing agent of this property so they may contact you in order to answer any questions or arrange a convenient viewing time. Furthermore, these Particulars are believed to be correct, but their accuracy cannot be guaranteed, and they do not constitute an offer or a contract.