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Property Image
Property Image
Property Image
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For Sale: £495,000
To Let: £40,000 pa

Under Offer

28 Foxtail Road, Ipswich, Suffolk, IP3

Property Image
Property Image
Property Image
Property Image
Property Image
  • Area

    area
    7834Sq Ft

Location
Ransomes Europark is situated to the south east of Ipswich, adjacent to the A14 trunk road, providing excellent road communications with Felixstowe, London and the national motorway network.

The property occupies a prominent position on the corner of Foxtail Road and Bermuda Road, adjoining occupiers include ScrewFix, Plumb City, The Bed Factory and Ipswich Plastics.

Description
The property comprises a semi-detached steel portal frame building with profile sheet cladding to the flank walls and brickwork to the front elevation.

The premises are arranged over two floors, each floor currently divided into two separate areas as follows:

Ground Floor (front) - office and separate workshop/storage area with ancillary kitchen, toilet facilities and loading area served by roller shutter door.

Ground Floor (rear) - workshop and storage with WCs and served by roller shutter door.

First Floor (front) - office premises accessed via ground floor lobby with kitchen and toilet facilities.

First Floor (rear) - offices accessed via front area or separate stairwell to side door.

Three individual boilers provide gas fired central heating throughout the building. A gas fired blown air heating system is also provided to the first floor accommodation although this has been decommissioned.

The office areas are fitted with air conditioning, suspended ceilings, recessed lighting, perimeter trunking and carpet floor coverings, with surface mounted fluorescent lighting to the workshop/storage facilities.

The premises are served by an intruder alarm with a fire alarm system serving part of the building.

A surfaced forecourt extending down the side of the building provides parking and loading facilities.

Accommodation
The property provides the following approximate floor areas and dimensions:

Ground Floor (front) 2,323 sq ft (215.80 sq m)
Ground Floor (rear) 1,566 sq ft (145.48 sq m)
First Floor (front) 2,358 sq ft (219.03 sq m)
First Floor (rear) 1,556 sq ft (144.60 sq m)
Dividing Walls 31 sq ft (2.94 sq m)
Total Gross Internal
Floor Area 7,834 sq ft (727.85 sq m)

Ground Floor Ceiling Height 2.48m
Roller Shutter Doors
Width 2.44m / Heights 2.06m and 2.16m

Indicative Floor Plans
Indicative floor plans are available upon request.

Potential Alternative Uses
The previous use of the premises is regarded as being Class E as defined by the Town & Country Planning (Use Classes) Order 1987 and the owners of the property are applying for a Lawful Development Certificate to verify this.

On the assumption that Class E use is confirmed this would allow for a change of use to a variety of alternative commercial business and service uses without the need for further planning permission, including retail, indoor sports, medical/health services etc. All interested parties should make their own enquiries with the local planning authority regarding their specific proposed use.

In addition there appears to be scope to remove part or all of the first floor structure (subject to an engineers survey). This would provide an eaves height of approximately 5 metres.

Services
It is understood that the property is connected to mains three phase electricity, water, drainage and gas.

We understand that the premises are served by both high speed fibre broadband and an uncontended leased broadband line. Further details are available upon request.

We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility companies in connection with the availability and capacity of all of those serving the property including the IT and telecommunication links referred to above.

Business Rates
The premises currently have two assessments as follows:

Ground Floor (front) and First Floor (rear)
Rateable Value: £16,250.00
Rates Payable (2022/23): £ 8,108.75 pa

Ground Floor (rear) and First Floor (front)
Rateable Value: £17,000.00
Rates Payable (2022/23): £ 8,483.00 pa

On the assumption that the premises are occupied as a whole, they will be subject to reassessment.

Local Authority
Ipswich Borough Council
Grafton House
15-17 Russell Road
Ipswich
Suffolk, IP1 2DE
Tel: 01473 432000

Terms
Offers are invited in the region of £495,000 for the
freehold interest with vacant possession upon
completion.

Alternatively, the premises are available on a new
business lease upon full repairing and insuring terms and at an initial rent of £40,000 per annum exclusive.

VAT
The property is VAT exempt.

Energy Performance Certificate Rating
Part ground & first floor - C(75)
Remaining ground & first floor - C(66)

Features

  • Prominent corner location on Ransomes Europark.
  • A14 within 0.7 miles.
  • 7,834 sq ft (728 sq m) over two floors.
  • Scope for a wide range of alternative uses, s.t.p.

Map

Call

Alistair Mitchell

01473 232701
Make an enquiry

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