Log In/Sign up
Your email has been sent.
12 Northgate St 4,427 sq ft 100% Let Office Property Ipswich IP1 3DB £275,000 (£62.12/sq ft)
Investment Highlights
- The property comprises Grade II Listed first floor offices off a communal staircase with access from Northgate Street.
- The offices benefit from gas fired central heating, LED lighting and have been fully refurbished to include new carpets, decoration
- There are offices on the First and Second Floors.
- The premises are situated on Northgate Street in the town centre, close to the County Library and the main shopping thoroughfares of Tavern Street
Executive Summary
Freehold town centre mixed-use investment and development opportunity comprising a Grade II Listed building extending to approximately 4,540 sq ft arranged over basement, ground, first and second floors. The ground floor restaurant is let on a 10-year lease from 26 August 2021, expiring 25 August 2031, at a passing rent of £12,000 pa. The upper floors are currently vacant and provide redevelopment or asset management potential, subject to planning. The property occupies a prominent position on Northgate Street close to Ipswich town centre amenities and principal retail thoroughfares. The freehold interest is available at a quoting price of £275,000
Property Facts Sale Pending
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
4,427 sq ft
Costar Property Class
B
Year Built
1810
Price
£275,000
Price per sq ft
£62.12
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
1,353 sq ft
Floor To Floor Height
11 ft
Plot ratio
0.92
Total Plot Size
0.11 ac
Amenities
- Kitchen
- Open-Plan
1 1
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
12 Northgate St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.