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Agent's details

4 Riverside Industrial Park, Rapier Street, Ipswich, Suffolk, IP2

For sale: £325,000.00|5,006 Sq Ft|Distribution Warehouse, General Industrial, Industrial

Property details

FOR SALE£325,000.00
SIZE5,006 Sq Ft
ADDRESS4 Riverside Industrial Park, Rapier Street, Ipswich, Suffolk, IP2
TYPEDistribution Warehouse, General Industrial, Industrial
TENUREFor Sale Freehold
POSTED ON29th August 2023


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)

First Floor
Offices/Workroom: 733 sq ft ( 68.06 sq m)

Rear Mezzanine
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)

Shutter Door
Width 3.60 m | Height: 5.00 m

Business Rates
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.

Local Authority
Ipswich Borough Council
Grafton House
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.

Legal Costs
Each party to be responsible for their own legal costs.
( Agency Pilot Software ref: 14870113 )


Location: 4 Riverside Industrial Park, Rapier Street, Ipswich, Suffolk, IP2

Ipswich (0.7 miles)

Derby Road (1.2 miles)

Westerfield (2.6 miles)

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