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For Sale Investment - Three Storey Restaurant/Tattoo Studio with Rear Workshop

For sale: £320,000.00|824 - 3712 Sq Ft|Licensed & Leisure, Restaurant/Cafes, Retail

PROPERTY DETAILS

FOR SALE£320,000.00
SIZE824 - 3712 Sq Ft
ADDRESS26-28 Fore Street, Ipswich, IP4 1JU
TYPELicensed & Leisure, Restaurant/Cafes, Retail
TENUREFreehold, Under Offer, For Sale Freehold, For Sale Freehold
POSTED ON6th August 2020

DESCRIPTION

SITUATION
Fore Street is situated on the south eastern corner of Ipswich town centre. This location is within walking distance of the main town centre and Ipswich Waterfront. Fore Street forms part of the conservation area of the town centre and is located within the Link Quarter of central Ipswich, named for its linking independent leisure, retail, and office sectors with residential.
DESCRIPTION
The property comprises an imposing 3 storey double pitched roof property with side yard servicing the single storey workshop to the rear. The ground floor of Merchant House is an established Japanese restaurant which caters for circa 44 covers. Above the restaurant and via a separate side access are two floors with the first floor occupied by a tattoo studio. The second floor is separated off and has not been accessed or measured. At the rear of the property is a single storey extension used for motorcycle repairs, servicing and MOT station. The side yard/parking is designated to the workshop. The property benefits from the right to use 5 car parking spaces to the rear.
ACCOMMODATION (all areas are approximate)
Ground Floor Area 140 sq m 1,510 sq ft
Gross Frontage 14.5 m 47 ft 6"
Net Width 13.9 m 45 ft 6"
Maximum Depth 10.9 m 35 ft 7"
Built Depth 11.0 m 36 ft
Ground floor comprises restaurant seating area, kitchens, storage, male, female and disabled WC's
First Floor Area 128 sq m 1,378 sq ft
Accessed by the side elevation. Comprising 3 front rooms of varying sizes, 3 rear rooms of varying sizes, 2 kitchen facilities, WC and landing
Second Floor
Access through the first floor suite but not measured or inspected
Rear Workshop Area 76.5 sq m 824 sq ft
Comprising workshop, office and stores, rear kitchen and WC with shower facility
Total Floor Area 344.5 sq m 3,712 sq ft
Outside to the side of the property is parking and storage area for the rear workshop.
PRICE
This investment property is available for sale freehold at offers in the region of £320,000.

Currently Under Offer.

LOCATION

Location: 26-28 Fore Street, Ipswich, IP4 1JU

Ipswich (0.7 miles)

Derby Road (1.0 miles)

Westerfield (1.9 miles)

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