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Cape House, 31 Lower Brook Street, Ipswich, IP4 1AQ

For sale: POA|To rent: £25,000.00 Per Annum|2734 Sq Ft|Office, Offices


TO RENT£25,000.00 Per Annum
SIZE2734 Sq Ft
ADDRESSCape House, 31 Lower Brook Street, Ipswich, IP4 1AQ
TYPEOffice, Offices
TENURETo Let, For Sale Freehold
POSTED ON26th May 2020


Ipswich is the county town of Suffolk with a population of approximately 134,000. The town has excellent road links via the A12 to the M25 /London and the A14 to Cambridge and the Midlands.

Lower Brook Street is only a short walk from all town centre shops and amenities as well as the popular Waterfront area with its restaurants, marinas and the University of Suffolk.

The street is home to a mixture of professional office buildings and has also seen an increasing amount of residential conversion and redevelopment over recent years. Neighbouring occupiers include Charles Stanley Investment Managers and Bates Wells and Braithwaite Solicitors.

The premises comprises one of a terrace of Grade II Listed late Georgian buildings, originally constructed as residences.

The accommodation is arranged on four principal floors plus an attic floor. There are separate entrances on the ground and lower ground floor levels, with the building providing a mixture of cellular and open plan office accommodation suitable for meeting the needs of modern day occupiers whilst retaining considerable character and many original period features.

The property benefits considerably from having private on site car parking for at least 10 cars.

The premises provide the following approximate net floor areas:-

Lower Ground Floor 564 sq ft ( 52.4 sq m)
Ground Floor 572 sq ft ( 53.1 sq m)
First Floor675 sq ft ( 62.7 sq m)
Second Floor635 sq ft ( 59.0 sq m)
Attic Floor288 sq ft ( 27.8 sq m)
Total 2,737 sq ft (254.0 sq m)

There are WCs on the ground and lower ground floors, as well as in the attic. The lower ground floor also includes a kitchen.

The property is connected to mains electricity, water and drainage.

We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility providers in connection the capacity of all those serving the property, including IT and telecommunication links.

Business Rates
The property is assessed as follows:-

Rateable Value: £19,250.00
Rates Payable (2020/21): £ 9,605.75 per annum

The rates are based on a UBR for the current year of 0.499 pence in the pound.

As a Listed building, the property would qualify for full rates exemption whilst vacant. Interested parties should consult the local rating authority to verify their rates liability.

Local Authority
Ipswich Borough Council
Grafton House
15-17 Russell Road
Suffolk, IP1 2DE

T: 01473 432 000

The property�s most recent use has been as offices.

It is considered that the property has potential for alternative business use or conversion to residential use, subject to planning.

Interested parties should make their own enquiries of the local planning authority regarding their intended use.

The premises are available on a new commercial lease on terms to be agreed, at a rent of £25,000 per annum exclusive.

Alternatively, a freehold sale might be considered. Price on application.

VAT is not applicable.

Legal Costs
Each party to be responsible for their own costs.

Agents Note
In accordance with the requirements of the Estate Agent�s Act 1979, we would like to advise interested parties that an employee and a consultant of Fenn Wright have an interest in the ownership of this property.

( Agency Pilot Software Ref: 14869271 )


Location: Cape House, 31 Lower Brook Street, Ipswich, IP4 1AQ

Ipswich (0.6 miles)

Derby Road (1.1 miles)

Westerfield (1.9 miles)

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