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Retail premises for sale

£250,000 (£159.95/sq. ft) Offers in region of

26-28 Queen Street, Ipswich, Suffolk IP1

Retail premises for sale 1,563 sq. ft*
Interested in this property? Call +44 1473 679871 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Space available: 145.23 sq m (1,563 sq ft)
  • Freehold sale price o.i.r.o. £250,000, plus VAT
  • Available immediately
  • Close to the town centre
  • Near to public car parking
  • Flexible Class E planning use

Property description

Situation
The premises are situated in Queen Street, a high-footfall area close to the main thoroughfares of Westgate Street and Tavern Street, with a number of national retailers, cafes and restaurants nearby.

St Nicholas Street car park is close by, along with the Buttermarket Shopping Centre. All the town’s main amenities are within easy walking distance.

Description
The property comprises a mid-terraced shop, with upper parts.

Subway occupies the premises as the current tenant, with a lease until November 2024, at a rental of £23,000 per annum exclusive.

The shop has air conditioning throughout. There are WCs on each floor and two offices on the first floor.

Accommodation (all areas are approximate)
Ground Floor Area: 99.73 sq m / 1,073 sq ft
First Floor Area: 45.5 sq m / 490 sq ft
Total Floor Area: 145.23 sq m / 1,563 sq ft

Planning
The property has consent for restaurant/hot food takeaway use under Class E of the planning use classes act and would suit other uses subject to planning. All interested parties should contact Ipswich Borough Council.

Legal Costs
Each party to bear their own costs incurred in this transaction.

Business Rates
Rateable Value: £16,500. All interested parties should contact Ipswich Borough Council.

Terms & Tenure
For sale freehold o.i.r.o. £250,000.

The unit is held on a lease to Subway Realty Limited, expiring in November 2024 at a rental of £23,000 per annum exclusive.


VAT


VAT is applicable

Services & Service Charge
We understand that mains electricity and water are connected to the property. Nb: None of the services have been tested and it is the responsibility of the proposed purchaser to satisfy themselves as to their operation and condition, including it and telecommunications links.


EPC


The property has an EPC rating of E115, valid until February 2026. Reference:

Property info

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

Arrange Viewing

For more information about this property, please contact
Penn Commercial, IP2 on +44 1473 679871 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Penn Commercial, and do not constitute property particulars. Please contact Penn Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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