*Guide | £180,000 - £220,000 (plus fees)
- Shop
- Tenure: Freehold
Call the team on 01473 558 888 for more information
A prominent town centre commercial investment
Situated along the busy Buttermarket in Ipswich town centre is this 3 storey (plus basement) retail premises extending to approximately 2,200 sq ft overall. The property is let to Oxfam on a 10 year lease from June 2010 and is now holding over under the 1954 act at an annual rent of £25,000. With a gross annual yield equating to nearly 14% based on the low end of the Guide Price there's no doubt this is an excellent investment opportunity.
Tenure
Freehold
Energy Efficiency Rating (EPC)
Current Rating C
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Ipswich Borough Council
Solicitors
William Sturges LLP, Ref: Louis Seitler
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - £1500 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
Floor Plans
Click the image to view the full-sized floorplan.
