Request a Valuation
For Sale: £160,000
19 & 21, Garrick Way, Ipswich, East Of England, IP1
-
Area
480 - 1133Sq Ft
Ipswich is the County town of Suffolk with a resident population of approximately 130,000 and a retail catchment of almost 350,000. Ipswich is situated approximately 79 miles north east of Central London, 43 miles south of Norwich and 18 miles north of Colchester.
The property is situated 2 miles north west of Ipswich town centre on Garrick Way, within a neighbourhood terrace of commercial premises with residential to the upper floors. The terrace comprises mainly independent retailers as well as an East of England Co-Op store and William Hill bookmakers.
Description
The property comprises an end of terrace, mixed use two storey building of brick construction beneath a pitch tiled roof with a single storey extension to the side and rear. The property provides commercial accommodation on the ground floor and a self-contained apartment on the first floor.
The ground floor comprises extended retail premises which includes a sales area with ancillary accommodation including a kitchen with cold store to the side and two storerooms to the rear. A WC is located to the rear of the property, accessed externally.
The first floor is accessed via a self-contained ground floor entrance and provides two bedrooms, lounge, kitchen and WC/shower room.
The property benefits from a single garage and garden area to the rear.
Accommodation
The property provides the following approximate net internal floor areas:
Ground Floor Shop
Sales Area: 411 sq ft ( 38.22 sq m)
Kitchen: 174 sq ft ( 16.21 sq m)
Store 1: 126 sq ft ( 11.66 sq m)
Store 2: 67 sq ft ( 6.21 sq m)
WC: -- --
Total Net Internal Floor Area: 653 sq ft ( 60.64 sq m)
First Floor Apartment
Bedroom 1: 88 sq ft ( 8.17 sq m)
Bedroom 2: (unmeasured approx.) 128 sq ft ( 11.90 sq m)
Kitchen: 105 sq ft ( 9.73 sq m)
Lounge: 160 sq ft ( 14.83 sq m)
WC: -- --
Total Net Internal Floor Area: 480 sq ft ( 44.63 sq m)
Business Rates & Council Tax
The property is assessed as follows:
19 Garrick Way (Maisonette)
Council Tax: Band A
21 Garrick Way (Shop)
Rateable Value: £5,200
Rates Payable (2023/24): £2,594.80
Small business rate relief may be available providing up to 100% exemption. All interested parties should make their own enquiries with the local rating authority in order to verify their rates liability.
Local Authority
Ipswich Borough Council, Grafton House, 15-17 Russell Road, Ipswich, Suffolk, IP1 2DE
Telephone: 01473 432000
Services
We understand that the property is connected to mains electricity, gas, water & drainage.
We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility providers in connection with the availability and capacity of all those serving the property, including IT and telecommunication links.
Tenancy
The first floor flat is let on an assured shorthold tenancy at a current rent of £650 per calendar month.
Terms
Offers are invited in the region of £160,000 for the freehold, subject to the existing tenancy.
Legal Costs
Each party to be responsible for their own legal costs.
Features
- Part let mixed use property for sale
- Situated in a busy neighbourhood parade with shared forecourt parking
- Two storey building, comprising a ground floor retail unit with two bedroom apartment on the first floor
- Shop net internal floor area: 654 sq ft (61 sq m)
- First floor let on an AST at £650 pcm
- Guide price £160,000
Floor plan
Map
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19 & 21, Garrick Way, Ipswich, East Of England, IP1
Ipswich is the County town of Suffolk with a resident population of approximately 130,000 and a retail catchment of almost 350,000. Ipswich is situated approximately 79 miles north east of Central London, 43 miles south of Norwich and 18 miles north of Colchester.
The property is situated 2 miles north west of Ipswich town centre on Garrick Way, within a neighbourhood terrace of commercial premises with residential to the upper floors. The terrace comprises mainly independent retailers as well as an East of England Co-Op store and William Hill bookmakers.
Description
The property comprises an end of terrace, mixed use two storey building of brick construction beneath a pitch tiled roof with a single storey extension to the side and rear. The property provides commercial accommodation on the ground floor and a self-contained apartment on the first floor.
The ground floor comprises extended retail premises which includes a sales area with ancillary accommodation including a kitchen with cold store to the side and two storerooms to the rear. A WC is located to the rear of the property, accessed externally.
The first floor is accessed via a self-contained ground floor entrance and provides two bedrooms, lounge, kitchen and WC/shower room.
The property benefits from a single garage and garden area to the rear.
Accommodation
The property provides the following approximate net internal floor areas:
Ground Floor Shop
Sales Area: 411 sq ft ( 38.22 sq m)
Kitchen: 174 sq ft ( 16.21 sq m)
Store 1: 126 sq ft ( 11.66 sq m)
Store 2: 67 sq ft ( 6.21 sq m)
WC: -- --
Total Net Internal Floor Area: 653 sq ft ( 60.64 sq m)
First Floor Apartment
Bedroom 1: 88 sq ft ( 8.17 sq m)
Bedroom 2: (unmeasured approx.) 128 sq ft ( 11.90 sq m)
Kitchen: 105 sq ft ( 9.73 sq m)
Lounge: 160 sq ft ( 14.83 sq m)
WC: -- --
Total Net Internal Floor Area: 480 sq ft ( 44.63 sq m)
Business Rates & Council Tax
The property is assessed as follows:
19 Garrick Way (Maisonette)
Council Tax: Band A
21 Garrick Way (Shop)
Rateable Value: £5,200
Rates Payable (2023/24): £2,594.80
Small business rate relief may be available providing up to 100% exemption. All interested parties should make their own enquiries with the local rating authority in order to verify their rates liability.
Local Authority
Ipswich Borough Council, Grafton House, 15-17 Russell Road, Ipswich, Suffolk, IP1 2DE
Telephone: 01473 432000
Services
We understand that the property is connected to mains electricity, gas, water & drainage.
We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility providers in connection with the availability and capacity of all those serving the property, including IT and telecommunication links.
Tenancy
The first floor flat is let on an assured shorthold tenancy at a current rent of £650 per calendar month.
Terms
Offers are invited in the region of £160,000 for the freehold, subject to the existing tenancy.
Legal Costs
Each party to be responsible for their own legal costs.