£2,750,000

Office for sale

  1. Property photo 1 of 1.

£2,750,000

(£199.09/sq. ft)

Office for sale

40-50 Princes Street, Ipswich IP1

13,813 sq. ft

Local area information

Property location

Nearby amenities

  • St Matthew's Church of England Voluntary Aided Primary School, Ipswich 0.3 miles
  • Westbridge Academy 0.5 miles
  • Ipswich 0.5 miles
  • Derby Road (Ipswich) 1.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Ipswich to find out more about the area.

Features and description

  • Vrv air cooling/heating
  • Full access raised floors
  • Eight person passenger lift
  • Contemporary plastered ceilings
  • LG7 compliant lighting
  • Video access entry system
  • Excellent natural light from generous fenestration
  • Parking for at least 10 cars
The premises are on a highly prominent position on the west side of Princes Street, just to the north of Civic Drive/Franciscan Way, thereby affording the property superb visibility when approaching from the south. It is in the heart of the town’s central business district, moments from Cornhill, the prime pedestrianised pitch of Butter Market and the Butter Market Shopping Centre.

Directly opposite the property is Norman Foster’s iconic listed Willis Building, a local landmark occupying an island site and recognised for its dark glass facades and almost Pompidou Centre qualities, with the building’s feature plant visible through the glass facades. Other occupiers in the vicinity include Barclays Bank and several national estate agencies and recruitment companies, whilst the town’s leading law firms such as Birketts, Gotelee and Prettys are close by.

Ipswich mainline station is approximately 8 minutes walk away, while numerous bus routes operate in the area.

Fully let investment for sale at a reduced price of £2.75m. Total rental income £168,850 before incentive, increasing to £175,300 in 2022 and £181,750 in 2023.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Suffolk
  4. Ipswich
  5. Princes Street

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