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41 Upper Brook Street, Ipswich, SFK

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DetailMap
41 Upper Brook Street

Ipswich, IP4 1DU

(259.9 KB)

Property type:Retail Sub type:Shop-front Status:Existing Year built:1820
Building size:2,732 sq ft
For sale price:£375,000 Price:£137.26 sq ft
Yield:7.20 %


The property comprises a traditional, mid terraced build. The property is arranged on basement, ground and two upper floors to provide a ground floor retail unit with ancillary
accommodation on the first floor. To the rear is a service yard with access from the driveway leading to Tacket Street.
The property is located fronting Upper Brook Street close to its junction with Tacket Street. Many multiple retailers are represented in the vicinity and there is a 150 space car park to the rear of the property.

Sale Notes:
The available investment comprises an income producing high street retail unit which is at present let to the Salvation Army for a term of 10 years from 26 March 2010 at a rent of £27,000 pa.
The entire property is at present let to the Salvation Army for a term of 10 years from 22 March 2010, at a rent of £27,000 pa,
exclusive of rates. The lease provides for rent reviews every fifth year of the term and contains full repairing and insuring
covenants. Tenant option to break on 21 March 2013, with 6 months notice and payment of £13500, or if break is 21 March 2015, 6
months notice and £6750

Rent- £27,000.

Suttons Commercial
Rajiv Sabharwal
020 7664 8699




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