Freehold Retail Investment
Freehold Retail Investment
Ipswich is the county town of Suffolk and is a major commercial centre in the east of England with a catchment population of approximately 230,000. The town is well located some 80 miles north-east of London via the A12 dual carriageway, which provides a direct link with the M25 motorway. Communications are also enhanced by the A14 east-west trunk road being approximately 2 miles from the town centre. There are regular rail services to London Liverpool Street. The property is situated in the heart of Ipswich town centre on the northern side of Tavern Street, close to its junction with Upper Brook Street and 50 metres from Buttermarket. Nearby occupiers include EE, O2, Costa, McDonald’s, Santander, Jack Wills and Superdrug.
Freehold.
Ipswich is the county town of Suffolk and is a major commercial centre in the east of England with a catchment population of approximately 230,000. The town is well located some 80 miles north-east of London via the A12 dual carriageway, which provides a direct link with the M25 motorway. Communications are also enhanced by the A14 east-west trunk road being approximately 2 miles from the town centre. There are regular rail services to London Liverpool Street. The property is situated in the heart of Ipswich town centre on the northern side of Tavern Street, close to its junction with Upper Brook Street and 50 metres from Buttermarket. Nearby occupiers include EE, O2, Costa, McDonald’s, Santander, Jack Wills and Superdrug.
Freehold.
This Grade II listed property comprises a ground floor shop with basement storage. The shop has an open sales area to the front with storage, kitchen and cloakrooms to the rear.
VAT is applicable to this lot.
Six Week Completion
Band D. See legal pack at acuitus.co.uk.
This Grade II listed property comprises a ground floor shop with basement storage. The shop has an open sales area to the front with storage, kitchen and cloakrooms to the rear.
VAT is applicable to this lot.
Six Week Completion
Band D. See legal pack at acuitus.co.uk.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reversion | |
|---|---|---|---|---|---|---|---|
| Ground Basement |
Retail Ancillary |
58.71 sq m 45.24 sq m |
(632 sq ft) (487 sq ft) |
HUTCHINSON 3G UK LTD (t/a Three) (1) |
5 years from 15/03/2018 | £37,500 | 2023 |
| Total |
103.95 sq m |
(1,119 sq ft) |
£37,500 | ||||
(1) Hutchinson 3G Ltd trades under the name of 3UK Retail Ltd across 337 retail stores throughout the UK (Source: www.3g.co.uk ). For the year ended 31st December 2017, Hutchinson 3G Ltd reported a turnover of £2,357,044,000, pre-tax profits of £356,573,000 and a total net worth of £3,390,087,000 (Source: Experian Group 31/10/2018).
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