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Investment

Guide price

£958,000

Studio for sale Princes Street, Ipswich IP1

Property location

  • St Matthew's Church of England Voluntary Aided Primary School, Ipswich0.2 miles
  • St Margaret's Church of England Voluntary Aided Primary School, Ipswich0.4 miles
  • Ipswich0.5 miles
  • Derby Road (Ipswich)1.4 miles

Features and description

  • Investment Portfolio
Commercial and residential building in the centre of Ipswich, comprising of lower ground and ground floor commercial units, and four apartments

Residential
2 Bed 1st floor £129,000
1 Bed 1st floor £119,000
1 bed 2nd floor £115,000
2 Bed penthouse £200,000

Commercial
Lower ground commercial: Let at £12,000 per annum
Lease:
Fri Law Society Lease from 16 September 2016 to 15 September 2022. 3 year rent reviews, upwardly only.

Ground floor Commercial let at £18,000 per annum
Lease: Fri Law Society Lease from 14 September 2016 to 13 September 2019.

Combined commercial sale £395,000

The freehold of the building will be gifted with a block purchase.

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Property descriptions and related information displayed on this page are marketing materials provided by - Pestell & Co. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Pestell & Co for full details and further information.