Riverside Industrial Park is situated off Rapier Street, adjoining Wherstead Road, approximately 0.5 miles to the south of Ipswich town centre. The A14 dual carriageway is within 2 miles and provides excellent road communications with Felixstowe, the Midlands and London via the A12.
The property is situated within the first terrace of units close to the entrance of the estate.
The property comprises a self-contained mid-terrace warehouse unit of steel frame construction with brick/blockwork and profile sheet cladding to the elevations. The unit has a pitched corrugated asbestos roof.
The ground floor predominantly provides storage accommodation with ancillary accommodation including an office/mess room, tea-point and WC. A first floor provides further office accommodation. To the rear there is a mezzanine which provides additional storage over two levels.
The unit is served by a roller shutter door and is allocated 4 car parking spaces.
The premises provide the following approximate gross internal floor areas (GIA):
Ground Floor inc. Warehouse and Stores: 3,662 sq ft (340.22 sq m)
Offices/Workroom: 733 sq ft ( 68.06 sq m)
1st Floor: 403 sq ft ( 37.40 sq m)
2nd Floor: 208 sq ft (19.29 sq m)
Total Gross Internal Floor Area: 5,006 sq ft (464.97 sq m)
Width 3.60 m | Height: 5.00 m
The premises are currently assessed as follows:
Rateable Value: £15,000
Rates Payable (2023/24): £7,485 per annum
The rates payable are based on a UBR for 2023/24 of £0.499 applied to the Rateable Value. All interested parties should speak to the local authority to verify their liability.
Ipswich Borough Council
15-17 Russell Road
Suffolk, IP1 2DE
Telephone: 01473 432000
We understand that 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 providers in connection with the availability and capacity of all those serving the property, including IT and telecommunication links.
Offers are invited in the region of £325,000 for the freehold interest with vacant possession upon completion.
The property is not VAT elected.
An estate charge is payable in relation to the common areas of the estate. Further details are available upon request.
Each party to be responsible for their own legal costs.
( Agency Pilot Software ref: 14870113 )