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Commercial Investment for Auction Ipswich IP4 UNSOLD, CONTACT AUCTIONEER FOR RESERVE PRICE/AVAILABILITY STATUS
Guide Price:
£250,000
Auction Date:
25/09/2024
Property Types
Guide Price £250,000. A fully-let and well located 4 storey commercial building. The terraced building is of brick construction beneath a pitched slate covered roof, and fronts a pedestrianised street. There is a very small covered storage area to the rear which is accessed via the ground floor retail area. The property benefits from a 10 year lease dating from 21st September 2021. The rent rose to £16,000 per annum on the 21st September 2023 until 20th September 2026. The rent then increases to £17,500 for a period from and including 21st September 2026. Freehold subject to tenancy.
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