The property is a six storey multi-tenanted office building which has recently undergone major refurbishment and now offers a high standard of accommodation.
The communal elements of the building are well presented and fully maintained. Other occupiers include Spicer McColl (Estate Agents), Christie & Co. (Business Transfer Agents) and Birketts Solicitors.
Subject to availability there is parking to the rear of the building (£1,000 p.a.x. plus VAT) with 2 passenger lifts serving the floors.
Ipswich is the administrative and county town of Suffolk and is one of the principal commercial and financial centres of East Anglia. The town lies on the River Orwell, approximately 70 miles north east of central London, 55 miles south east of Cambridge, 43 miles south of Norwich, and 18 miles north east of Colchester.
The office building is located in Princes Street which is acknowledged as a traditional location for financial and insurance services and forms part of the central Ipswich office community. Nearby occupiers include Willis, Churchill Insurance and the Royal Bank of Scotland.
All dimensions are approximate:
First Floor Front - 270.52 sq m (2,912 sq ft)
First Floor Rear - 202.24 sq m (2,177 sq ft)
Second Floor Rear - 197 sq m (2,912 sq ft)
Fifth Floor - 59 sq m (632 sq ft)
The offices are available by way of a new lease for a term of years to be agreed, on an effectively full repairing and insuring lease via an apportioned service charge, at a commencing rental from £8.00 per sq ft per annum exclusive.
Service Charge
A service charge is apportioned in respect of cleaning, lighting and heating of all communal parts, lift maintenance, gas central heating to suites, water rates, window cleaning, caretaker, fire alarm maintenance etc.
First Floor Rear Liability 8.8%
VAT is applicable on the rent and service charge. Car parking is available by way of an additional cost of £1,000 per annum plus VAT.
Services
We understand that all mains services are available, however we would recommend that all interested parties check with the relevant statutory authorities as to the existence, adequacy or otherwise of these services for their own purposes. NB: None of the services have been tested and it is the responsibility of the proposed tenant to satisfy themselves as to their operation/condition.
We have been verbally advised by Ipswich Borough Council Business Rates Department that the property currently has the following rateable value.
First Floor Rear
Rateable Value 2010 £25,250
First Floor Front
Rateable Value 2010 £17,750
Second Floor To be advised
Rateable Value 2010 £5,400
The first floor office suite may need to be separately assessed from the second floor suite. However we would recommend that all interested parties make their own enquiries with Ipswich Borough Council Business Rates Department on (01473) 432000.We understand the property has B1 office consent, however we would recommend that all interested parties make their own enquiries with Ipswich Borough Council Planning Department on (01473) 432000.
The ingoing tenant to bear both parties reasonable legal costs.
To view or for further information, please contact the joint sole agents