118 Handford Rd 14,031 sq ft of Industrial Space Available in Ipswich IP1 2BH

The property comprises a detached and extended mixed use office/warehouse building, with the majority of the accommodation arranged at ground floor level. The original red brick section provides first and second-floor accommodation, with the second floor currently un-refurbished and forming attic space.The ground floor offers a mixture of offices, warehouse and workshop accommodation, together with ancillary areas including a kitchen and WC facilities. The main warehouse is served by a roller shutter door opening onto the forecourt.The first floor comprises well-appointed office accommodation with additional WC facilities and a tea-point.A large surfaced forecourt is located to the front of the property.ACCOMMODATION [Approximate Gross Internal Floor Areas] Ground Floor 7,253 sq ft [ 673.78 sq m] First Floor 3,541 sq ft [ 329.00 sq m] Second Floor 3,237 sq ft [ 300.69 sq m] Total Net Gross Floor Area 14,031 sq ft [ 1,303.52 sq m] According to Promap the total site area is approximately 0.417 acresSERVICES We understand that the property is connected to mains electricity, gas, water and drainage.We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility companies in connection with the availability and capacity of all of those serving the property including IT and telecommunication links.LOCAL AUTHORITY Ipswich Borough Council, Grafton House, 15-17 Russell Road, Ipswich, Suffolk, IP1 2DE .Telephone:[use Contact Agent Button].BUSINESS RATES According to the Valuation Office Agency website, the premises has a current Rateable Value of £45,250. The rates payable (2025) is £22,579.75per annum based on the current UBR for 2025/26 of £0.49.All interested parties should make their own enquires with the local rating authority in order to verify their rates liability.PLANNING The property has previously been used as offices and warehousing. It is assumed the property has planning for similar uses. However, all interested parties should make their own enquiries with the local planning authority to confirm their intended use.ENERGY PERFORMANCE CERTIFICATE [EPC] A new EPC has been commissioned.TERMS The property is available to let on a new full repairing and insuring business lease on terms to be agreed and at an initial rent of £55,000 per annum exclusive.Offers are invited in the region of £695,000 for the freehold interest with vacant possession upon completion.VAT position to be confirmed.LEGAL COSTS Each party is to be responsible for their own legal costs.