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41-43 Westgate St 4,331 sq ft Retail Property Ipswich IP1 3DX £320,000 (£73.89/sq ft)

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INVESTMENT HIGHLIGHTS

  • Prominent Town Centre Location
  • Upper Floor Sales with potential to develop/convert (STP)
  • Double Fronted Shop

EXECUTIVE SUMMARY

The property comprises a three storey, terraced unit including substantial, double fronted ground floor sales area. To the rear of the property provides storage and servicing via Black Horse Lane, first floor sales and second floor stock rooms and kitchen. Freehold offers are invited in the region of £320,000 plus VAT.

PROPERTY FACTS

Sale Type
Investment or Owner Occupier
Sale Condition
Redevelopment Project
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
4,331 sq ft
Costar Property Class
B
Year Built
1948
Price
£320,000
Price per sq ft
£73.89
Tenancy
Single
Number of Floors
3
Plot ratio
0.87
Total Plot Size
0.11 ac
Frontage
36 ft on Westgate Street

AMENITIES

  • EPC - B
  • Storage Space

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • POSITION
  • AVAILABLE
  • Ground
  • 4,331 sq ft
  • Retail
  • In-Line
  • Now

The property comprises a three storey, terraced unit including substantial, double fronted ground floor sales area. To the rear of the property provides storage and servicing via Black Horse Lane, first floor sales and second floor stock rooms and kitchen. The property is available by way of a new Full Repairing and Insuring (FRI) lease for a term of years to be agreed, incorporating periodic upward only rent reviews at an asking rent of £32,000 per annum exclusive of Business Rates, VAT, and all other outgoings.

Space Size Space Use Position Available
Ground 4,331 sq ft Retail In-Line Now

Ground

Size
4,331 sq ft
Space Use
Retail
Position
In-Line
Available
Now

Ground

Size 4,331 sq ft
Space Use Retail
Position In-Line
Available Now

The property comprises a three storey, terraced unit including substantial, double fronted ground floor sales area. To the rear of the property provides storage and servicing via Black Horse Lane, first floor sales and second floor stock rooms and kitchen. The property is available by way of a new Full Repairing and Insuring (FRI) lease for a term of years to be agreed, incorporating periodic upward only rent reviews at an asking rent of £32,000 per annum exclusive of Business Rates, VAT, and all other outgoings.

NEARBY MAJOR RETAILERS

Pure Gym
Revolution
Caffè Nero
Bakers + Baristas
Starbucks
Londis
Waitrose & Partners
Morrisons
Iceland
The Co-operative Bank
  • Listing ID: 37649376

  • Date on Market: 12/09/2025

  • Last Updated:

  • Address: 41-43 Westgate St, Ipswich IP1 3DX

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