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INVESTMENT 350 / 350A Nacton Road , Ipswich IP3 9NA 1st Floor Flat– Living Room Non VAT elected Retail & Residential Investment FOR SALE New 15 year lease to Suffolk Fully Let Pharma Ltd - no break clauses Commercial / Residential Investment Vacant I bedroom self contained flat Summary of Accommodation Part let & producing gross income of £12,000 PAX Ground Floor Sales 922 sq ft (85.70 sqm) ITZA 588 sq ft (54.65 sqm) GUIDE PRICE Pharmacy 114 sq ft (10.6 sqm) £250,000 Stores 389 sq ft (36.20 sqm) Kitchen 51 sq ft (4.75 sqm) SUBJECT TO CONTRACT One Bedroom Self Contained Flat BRITANNIC HOUSE, 28 PRINCES STREET , I PSWICH , S UFFOLK IP11RJ TELEPHONE : 01473 212656 EMAIL : [email protected] www.bw-b.co.uk LOCATION: The property is situated in a prominent position on Nacton Road to the South East of Ipswich Town Centre, which is one of the main routes into the town. Other retailers represented in Nacton Road include Tesco, St Elizabeth Hospice, East of England Co-operative Funerals and Betfred. DESCRIPTION: The property comprises a well presented, rectangular ground floor shop unit with automatic entrance door, full suspended ceiling with recessed air conditioning, rear loading and off street car parking / bin store. There is a separate entrance on Nacton Road, leading to a self contained one bedroom flat above which could be refurbished or sold off. ACCOMMODATION: Ground Floor Sales 922 sq ft (85.70 sqm) ITZA 588 sq ft (54.65 sqm) Pharmacy 114 sq ft (10.6 sqm) Stores 389 sq ft (36.20 sqm) Kitchen 51 sq ft (4.75 sqm) One Bedroom Flat Living Room 4.55 x 3.7 sqm Bedroom 3.4 x 2.8 sqm Kitchen 3.6 x 4.3 sqm with Brittony 11T Gas fired boiler, Indesit gas Cooker (not connected) Bathroom /W.C 2.1 x 2.1 sqm Hall 2.6 x 2.1 sqm BUSINESS RATES: The ground floor is assessed as Shop & Premises, Rateable Value £8,900. Ist floor flat assessed within Council Tax Band A. RESTRICTIVE COVENANT: The vendors will impose a restrictive covenant to prevent the property being used for any funeral related business or use. TENANCY: The entire ground floor has been let to Suffolk Pharma Ltd on full repairing and insuring terms for 15 years from 31st March 2019, subject to 3 yearly upwards only rent reviews, inside the Landlord and Tenant Act 1954. There are no break options within the lease and the rent payable is £12,000 Pax. The 1 bedroom flat is vacant and requires some refurbishment. The property therefore produces a gross rental income of £12,000 pa with a vacant flat. LEGAL COSTS: Each party to be responsible for their own costs. TERMS: The property is available for sale freehold at a guide price of £250,000 - No VAT is payable. An additional property at 5-7 High Street, Saxmundham is also available.-details upon application. VIEWING: Strictly by prior appointment through Beane Wass & Box: (01473) 212656 or Email: [email protected] Contact: Richard Bertram or Julian Haywood Smith Shop Flat Prepared February 2020 Note: These particulars are intended only as a guide to prospective purchasers or lessees to enable them to decide whether to make further enquiries with a view to taking up negotiations but they are otherwise not intended to be relied upon in any way or for any purpose whatever and accordingly neither their accuracy nor the continued availability of the property is in any guaranteed and they are furnished on the express understanding that neither the agents nor the vendors or landlord are to be or become under any liability or claim in respect of their content. Digital images have been used and some adjustments may have been made. In the event of the agents or the vendor or landlord supplying any further information or expressing any opinion to a prospective purchaser or lessee, whether verbal or in writing such information or expression of opinion must be treated as given on the same basis as these particulars. .

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