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For Sale The Investment of a Combination of Inter-Connected Two Storey Office/Leisure Buildings with Parking

For sale: £275,000.00|365 - 3896 Sq Ft|Office, Offices

PROPERTY DETAILS

FOR SALE£275,000.00
SIZE365 - 3896 Sq Ft
ADDRESSInternational House, 6 South Street, Ipswich IP1 3NU
TYPEOffice, Offices
TENUREFreehold, Under Offer, For Sale Freehold, For Sale Freehold
POSTED ON6th August 2020

DESCRIPTION

SITUATION
The property is situated just off the junction of South Street and Norwich Road on the north western side of the town centre. This locality is surrounded by retail/restaurants on Norwich Road and the densely populated residential catchment areas surrounding. Public car parking can be found directly in front and behind the property. International House is located immediately opposite the access road leading to Coes car park.
DESCRIPTION
The property comprises a multi let combination of 2 timber clad two storey office/leisure properties with a single storey recording studio to the rear. International House is made up of north and south buildings with an enclosed courtyard in between. South building benefits from offices and a radio station with studio at ground level and a combination of cellular offices above. North building houses "Smokehouse" live venue bar at ground level with music production rooms above. Behind North and South buildings is the single storey extension used for a recording studio. South building has access from the front elevation and both North building and recording studio have access from the communal courtyard. Within the courtyard is a disabled WC servicing the properties and outside the front is parking for 5 vehicles.
ACCOMMODATION (all areas are approximate)
South building
Ground Floor Front Area 34 sq m 365 sq ft
Rear Area 39.3 sq m 423 sq ft
First Floor 77.5 sq m 834 sq ft
Split into 4 offices of varying sizes, reception, kitchen and 2 WC's
North building
Ground Floor 77.7 sq m 836 sq ft
Split into Smokehouse live venue and bar
First Floor 70.4 sq m 758 sq ft
Split into 3 production rooms, storage and kitchen
Rear Recording Studio 63.2 sq m 680 sq ft
Split into Live room, mixing room, production room, 2 WC's and kitchen
Communal courtyard with disabled WC.
Note: There is a right of way through the courtyard servicing some of the properties in Norwich Road.

Front parking up to 5 cars.
Note: Please note the vendors do not have legal title to the car parking spaces but have the right to park there.

SERVICE CHARGE
As per the lease provision. Note: the service charge currently produces £2,244 per annum. Further information upon request.
PRICE
This investment property is available for sale freehold at offers in the region of £275,000.

Currently Under Offer.

LOCATION

Location: International House, 6 South Street, Ipswich IP1 3NU

Ipswich (0.7 miles)

Westerfield (1.6 miles)

Derby Road (1.8 miles)

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