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Agent's details

14 Tacket Street, Ipswich, Suffolk, IP4

For sale: £170,000.00|699 Sq Ft|Retail - High Street, Retail - High Street, Retail

Property details

FOR SALE£170,000.00
SIZE699 Sq Ft
ADDRESS14 Tacket Street, Ipswich, Suffolk, IP4
TYPERetail - High Street, Retail - High Street, Retail
TENUREUnder Offer, For Sale Freehold
POSTED ON20th September 2021

Description

The property comprises two ground floor commercial units with a self contained 2 bedroom flat to the first floor. The commercial units both benefit from glazed shop fronts, sales areas with kitchens and WCs to the rear. The shops trade as a barbers and beauticians.

The flat comprises a living room with kitchen, bathroom and two bedrooms which would benefit from some improvement, accessed via an external staircase to the rear.

To the rear there are a number of outbuildings, one of which is a Grade II Listed former smoke house and lean-to. There is also a small cellar, accessed via an external hatch.

There is a pedestrian access to the rear which also serves the property.

Accommodation
The property provides the following approximate net internal floor areas and dimensions:

14 Tacket Street (Star Barbers)
Sales Area 307 sq ft (28.51 sq m)
Kitchen 75 sq ft ( 6.92 sq m)
WC - -
Total 382 sq ft (35.43 sq m)

14A Tacket Street (House of Beauty)
Sales Area 268 sq ft (24.94 sq m)
Kitchen 49 sq ft ( 4.54 sq m)
WC - -
Total 317 sq ft (29.48 sq m)

First Floor Flat
Living Room 3.03 m x 3.92 m
Kitchen 2.19 m x 1.77 m
Bedroom One 3.69 m x 4.87 m
Bedroom Two 2.36 m x 2.02 m
Bathroom 2.03 m x 2.39 m

Business Rates and Council Tax
The property is assessed as follows:

No. 14 Rateable Value: £5,300
No. 14A Rateable Value: £5,100
First Floor Flat Council Tax: Band A

All interested parties should make their own enquiries with the local rating authority in to verify the rates liability.

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

Telephone: 01473 432000

Services
We understand that the property is connected to mains electricity, water and drainage. 14 Tacket Street is connected to gas and is fitted with gas fired heating which also serves the first floor flat.

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 with the availability and capacity of all those serving the property, including IT and telecommunication links.

Tenancies
14 Tacket Street and the first floor flat is let to Mr Hussein t/a Star Barbers on a 10 year lease from 14th June 2016 at a current rent of £14,000 per annum. The lease provides for an open market, upwards only rent review at the end of the 5th year which has not been implemented.

14A Tacket Street is let to Mr Mustafa t/a House of Beauty on a 5 year lease from 15th February 2019 at a current rent of £5,500 per annum. The lease provides for an open market, upwards only rent review at the end of the 3rd year.

Terms
The property is to be sold by public auction on the 20th October 2021 at a guide price of £170,000-£200,000, subject to the existing tenancies and a legal pack will be available in due course.

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

( Agency Pilot Software Ref: 14867386 )

Location

marker
Location: 14 Tacket Street, Ipswich, Suffolk, IP4

Ipswich (0.6 miles)

Derby Road (1.1 miles)

Westerfield (1.8 miles)

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