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Agent's details

629 Foxhall Road, Ipswich, East Of England, IP3

For sale: £200,000.00|To rent: £18,000.00 Per Annum|873 Sq Ft|Office, Offices

Property details

FOR SALE£200,000.00
TO RENT£18,000.00 Per Annum
SIZE873 Sq Ft
ADDRESS629 Foxhall Road, Ipswich, East Of England, IP3
TYPEOffice, Offices
TENURETo Let, Under Offer, For Sale Freehold
POSTED ON2nd June 2021

Description

Location
Ipswich is one of East Anglia's most important commercial centres with a catchment population of about 350,000. There are good road links to the M25, London and Midlands via the A12 and A14 dual carriageways. London Liverpool Street is just over an hour away from Ipswich by train.

Foxhall Road is one of the principal arterial roads into the town centre and the property is situated on the roundabout junction with Bixley Road (A1189). The town centre is approximately 3 miles to the east.

Nearby occupiers include St Elizabeth Hospice, Foxhall Estate Agents, Cycle Revolution and Pin High Golf.

Description
The property comprises a semi-detached two storey building of masonry construction beneath a pitched tiled roof with single storey extension under a flat roof to the side and rear.

The ground floor is currently arranged to provide a reception/office with a waiting area to the front and several further office rooms to the rear along with kitchen and WC facilities.

The premises benefit from a part glazed frontage and are fitted with surface mounted fluorescent lighting, perimeter power/data points, carpet floor coverings and electric night storage heaters to part.

A forecourt provides parking for up to 5 vehicles with further parking available to the side of the property and disabled access to the rear.

The first has been sold off on a long lease, please see further details under Title.

Accommodation
The premises provide the following approximate net internal floor areas:

Reception/Office 1 234 sq ft( 22.54 sq m)
Waiting Room 129 sq ft( 12.02 sq m)
Office 2160 sq ft( 14.89 sq m)
Office 3133 sq ft( 12.33 sq m)
Office 4346 sq ft( 32.18 sq m)
Office 5162 sq ft( 15.02 sq m)
Kitchen 69 sq ft( 6.69 sq m)
WC -- --
Total 1,242 sq ft ( 115.37 sq m)

Business Rates
The premises are assessed as follows:

Rateable Value£10,500
Rates Payable(2020/21)£ 5,239.50 per annum

The rates are based on a UBR for the current year of £0.49. Small business rate relief may be available. All interested parties should make their own enquiries with the local rating authority in order to verify their rates liability.

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

Tel: 01473 432000

Services
We understand 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 companies in connection with the availability and capacity of all of those serving the property including IT and telecommunication links.

Title
The freehold interest is subject to a lease in relation to the flat for a term of 99 years from 27th July 2007 at a fixed rent of £100 per annum.

Terms
The ground floor suite is available to let on a new business lease from 1st November upon terms to be agreed and at an initial rent of £18,000 per annum exclusive.

Alternatively, offers are invited in excess of £200,000 for the freehold interest.

It is understood that the property is not elected for VAT.

Legal Costs
Each party to be responsible for their own legal costs
( Agency Pilot Software Ref: 14869560 )

Location

marker
Location: 629 Foxhall Road, Ipswich, East Of England, IP3

Derby Road (0.9 miles)

Ipswich (2.4 miles)

Westerfield (2.6 miles)

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