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For Sale: £475,000
To Let: £37,500 pa

Sold

Unit 14 Quadrangle Centre, The Drift, Nacton Road, Ipswich, East Of England, IP3

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  • Area

    area
    6340Sq Ft

Ipswich is the county town of Suffolk with a resident population of approximately 140,000. The A12 and A14 dual carriageways provide excellent road communications with the M25, London and the Midlands. Ipswich railway station provides a regular service to London (Liverpool Street) with a journey time of approximately 60 minutes.

The property is situated within The Quadrangle Centre on The Drift, approximately 1 mile from the A14 Ransomes Europark intersection and 2.5 miles south east of Ipswich town centre.

Description
The property comprises an end of terrace warehouse of steel portal frame construction with profile sheet cladding to the external elevations and pitched roof.

The ground floor is arranged to provide a large warehouse with two stores, WC and an entrance lobby. The warehouse is fitted with fluorescent lighting and is accessed via a concertina door to the front.

The first floor comprises partitioned office accommodation with a kitchen and WC. The specification includes a suspended ceiling incorporating fluorescent lighting, perimeter power & data points, gas-fired radiators and carpet floor coverings to part.

A forecourt provides car parking and loading facilities.

Accommodation
According to our measurements, the property provides the following gross internal floor areas and dimensions:

Front Section (Lower Height): 2,157 sq ft (200.35 sq m)
Rear Warehouse: 2,140 sq ft (198.80 sq m)
First Floor: 2,043 sq ft (189.84 sq m)
Total Gross Internal Floor Areas: 6,340 sq ft (588.99 sq m)

Warehouse Heights
Lower Front Area: 3.14 m
Rear Warehouse - U/S Haunch: 5.25m | Eaves: 6.01m | Apex: 6.87m

Concertina Sliding Door Width: 2.99m | Height: 2.99m

Services
We understand the property is connected to mains electricity, gas, water and drainage. 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 IT and telecommunication links.

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

Business Rates
According to the Valuation Office Agency website, the property is assessed as follows:

Rateable Value £22,500
Rates Payable (2022/23) £12,475 per annum

The rates are based on a UBR for the current year of 0.49p in the pound. All interested parties should make their own enquiries with the local rating authority in order to verify their rates liability.

Terms
Offers are invited in the region of £475,000 for the freehold interest with vacant possession upon completion.

Alternatively, the premises are available on a new business lease, upon terms to be agreed and at an initial rent of £37,500 per annum exclusive.

The property is elected for VAT.

An estate charge is payable in relation to maintenance of the common areas of the estate. Further details are available upon request.

Legal costs
Each party is to be responsible for their own legal costs.

Features

  • For Sale or To Let
  • Located on Quadrangle Centre with good access to Ipswich town centre and the A14
  • Warehouse with first floor offices and forecourt loading/car parking
  • Gross internal floor area 6,340 sq ft (589 sq m)
  • Guide price £475,000 / Rent £37,500 per annum exclusive
  • Available for immediate occupation

Map

Call

Hamish Stone

01473 232701
Make an enquiry

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