Fully let to three tenants
Currently producing £43,500 pax
Approximately 5 years 3 months average unexpired unbroken lease terms
Vibrant location close to Buttermarket and waterside
Town Centre Retail Investment Opportunity
Town Centre Retail Investment Opportunity
The property comprises 3/4 retail units within a modern purpose-built mixed-use building constructed after 2000, the upper floors of which have been sold off on a long leasehold basis as apartments.
The ground floor premises have framed and glazed frontages and front on to a wide paved pavement area.
The East Anglian port town of Ipswich is situated on the river Orwell and is the county town of Suffolk, with an urban population of 136,913 (2019 census).
The town is located 67 miles northeast of London, 45 miles southeast of Cambridge and 40 miles south of Norwich.
The subject premises are situated on St Peters Street, with a return frontage to Rose Lane, in a vibrant area much favoured by independent retailers, cafes and restaurants, a short distance from the Buttermarket shopping and leisure centre and the waterfront and marina.
Ipswich was voted the seventh most desirable place to live and work in England by the Royal Mail in 2017, and in 2015 was rated as the third happiest place to live in the United Kingdom.
( Agency Pilot Software ref: 433780 )
