A mixed use investment with a high rental yield.
To the west of Ipswich town centre along a busy parade is this mixed use premises comprising ground floor offices with a basement along with a refurbished duplex flat above. The ground floor comprises 5 & 5a and along with the basement are let to a recruitment company on a 5 year lease from August 2016 at a current rent of £10,250 per annum. Independent access from the street leads to 5b which is a particularly spacious duplex flat with refurbished accommodation including a 24{squote} living/dining room, a fitted kitchen, 3 bedrooms and a courtyard garden to the rear. The potential rental yield has been assessed at £650 per calendar month which would provide an overall annual return of just over £18,000. An appealing dual income stream investment which is sure to stimulate strong interest.
Tenure
Freehold
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Ipswich Borough Council
Solicitors
Barker Gotelee, 41 Barrack Square, Martlesham Heath, Ipswich, IP5 3RF, Ref: Luke Cain, Tel: 01473 350578
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £954 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.