Entirely let to Strutt & Parker LLP who have been occupying the building since at least 1965
Attractive period property in Ipswich - the County Town of Suffolk
Mixed commercial area just off pedestrianized Westgate Street
Parking to the rear for approximately 14 cars
Six Week Completion
Lot 2
Auction 13th February 2014
Rent £42,400 per Annum Exclusive
Status Sold
Price £380,000
Sector Office
Auction Venue The Millennium Hotel 44 Grosvenor Square London W1K 2HP
Property Information
Location
Miles
85 miles north-east of London, 55 miles east of Cambridge
Roads
A12, A14
Rail
Ipswich for London Liverpool Street in approximately 1 hour
Air
Stansted International Airport 50 miles
Situation
The property is situated on the east side of Museum Street just off Westgate Street, Ipswich’s principal pedestrianised shopping street, which has many well known retailers including Marks & Spencer, Primark, Next and Monsoon. The immediate area around the property has a mix of commercial occupiers in a historic part of Ipswich town centre.
Tenure
Freehold.
Location
Miles
85 miles north-east of London, 55 miles east of Cambridge
Roads
A12, A14
Rail
Ipswich for London Liverpool Street in approximately 1 hour
Air
Stansted International Airport 50 miles
Situation
The property is situated on the east side of Museum Street just off Westgate Street, Ipswich’s principal pedestrianised shopping street, which has many well known retailers including Marks & Spencer, Primark, Next and Monsoon. The immediate area around the property has a mix of commercial occupiers in a historic part of Ipswich town centre.
Tenure
Freehold.
Description
The property comprises an attractive pair of inter-linked period offices with customer facing space to the ground floor and two further floors of offices and ancillary accommodation above. It also benefits from 14 car parking spaces to the rear (2). This listed property was formerly residential and probably constructed in the early nineteenth century.
VAT
VAT is applicable to this lot.
Viewings
There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises an attractive pair of inter-linked period offices with customer facing space to the ground floor and two further floors of offices and ancillary accommodation above. It also benefits from 14 car parking spaces to the rear (2). This listed property was formerly residential and probably constructed in the early nineteenth century.
VAT
VAT is applicable to this lot.
Viewings
There will be block viewings for this property. Interested parties must register their details with the Auctioneers and provide identification on site.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Basement Ground First Second
Ancillary Office Office and Ancillary Office and Ancillary
(1) The property is let to Strutt & Parker LLP with three named LLP members acting as surety. For the year ending 30/04/2013, Strutt & Parker LLP reported a turnover of £83,729,000, pre-tax profits of £15,078,000 and a total net worth of £11,895,000. (Source: www.riskdisk.com 20/12/2013) (2) There is no legal right of way from Museum Street to the car parking at the rear. Access to the parking is granted under licence over the adjoining owner’s roadway.
Contacts
Associate Auctioneers
Fenn Wright 1 Buttermarket Ipswich Suffolk IP1 1BA 01473 230745
