Located on roundabout at junction with Wherstead Road (A137)
Forms part of large modern residential development
Nearby occupiers include Big Box Self Storage, imo Car Wash and Brooklands Car Dealership
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 66
Auction 19th May 2016
Rent
Status Sold Prior
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
85 miles north-east of London, 55 miles east of Cambridge
Roads
A12, A14
Rail
Ipswich Railway Station
Air
Stansted International Airport
Situation
The property is situated to the south of Ipswich town centre, on the western side of Rapier Street at its junction with Wherstead Road (A137), which connects with the A14 providing easy access to the Midlands. The units form part of Anderson House, a large modern residential block, and provide the sole retail services to this densely populated residential area. Other occupiers in the vicinity include the Riverside Industrial Estate opposite, IP City Centre Conference Venue, Big Box Self Storage, imo Car Wash and Brooklands Car Dealership.
Tenure
Long Leasehold. Held for a term of 120 years expiring 31st December 2126 at a current rent of £400 p.a, doubling every 20 years until 31st December 2103, whereafter the rent will be £8,000 pa.
Location
Miles
85 miles north-east of London, 55 miles east of Cambridge
Roads
A12, A14
Rail
Ipswich Railway Station
Air
Stansted International Airport
Situation
The property is situated to the south of Ipswich town centre, on the western side of Rapier Street at its junction with Wherstead Road (A137), which connects with the A14 providing easy access to the Midlands. The units form part of Anderson House, a large modern residential block, and provide the sole retail services to this densely populated residential area. Other occupiers in the vicinity include the Riverside Industrial Estate opposite, IP City Centre Conference Venue, Big Box Self Storage, imo Car Wash and Brooklands Car Dealership.
Tenure
Long Leasehold. Held for a term of 120 years expiring 31st December 2126 at a current rent of £400 p.a, doubling every 20 years until 31st December 2103, whereafter the rent will be £8,000 pa.
Description
The property forms part of the ground floor of a modern residential building and comprises two units trading as a pharmacy and a convenience store. The property benefits from car parking rights for two cars.
Six Week Completion
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property forms part of the ground floor of a modern residential building and comprises two units trading as a pharmacy and a convenience store. The property benefits from car parking rights for two cars.
Six Week Completion
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.