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For Sale: £300,000
To Let: £20,000 pa

Sold

Units 1, 3 & 5, Holywells Close, Ipswich, East Of England, IP3

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  • Area

    area
    2812 - 8421Sq Ft

Holywells Close is situated to the south east of Ipswich town centre, close to the waterfront and adjacent to the Duke Street/Holywells Road roundabout junction. The A14 is within a 3 miles drive via Nacton Road.

Nearby occupiers include Kent Blaxill, Halfords Autocentre, Plumb Mate and Crown Paints.

Description
The property comprises three adjoining modern two storey business units of steel frame construction with brick/blockwork walls and profile cladding to upper elevations and roof.

Each unit is arranged to provide workshop/storage accommodation on the ground floor with office accommodation on the first floor. Ancillary accommodation includes kitchen and WC facilities.

The ground floor specification includes electric heating, LED/fluorescent lighting and served by up & over shutter doors.

The first floor office specification includes suspended ceilings, LED lighting, perimeter power & data points. Units 3 & 5 benefit from air-conditioning.

Surfaced forecourts provide parking and loading facilities. A rear yard provides additional parking.

Accommodation
The premises provide the following approximate gross internal floor areas (GIA):

Unit 1
Ground Floor: 1,358 sq ft (126.20 sq m)
First Floor: 1,454 sq ft (135.08 sq m)
Total Gross Internal Floor Area: 2,812 sq ft (261.28 sq m)

Unit 3
Ground Floor: 1,356 sq ft (125.96 sq m)
First Floor: 1,456 sq ft (135.30 sq m)
Total Gross Internal Floor Area: 2,812 sq ft (261.26 sq m)

Unit 5
Ground Floor: 1,344 sq ft (124.84 sq m)
First Floor: 1,453 sq ft (134.94 sq m)
Total Gross Internal Floor Area: 2,797 sq ft (259.78 sq m)

Shutter Doors
Width 3.60 m | Height: 3.27 m

Business Rates
The property is assessed as follows:

Unit 1 Rateable Value: £17,750
Rates Payable (2023/24): £8,857.25 per annum

Unit 3 Rateable Value: £18,250
Rates Payable (2023/24): £9,106.75 per annum

Unit 5 Rateable Value: £18,250
Rates Payable (2023/24): £9,106.75 per annum

The rates payable are based on a UBR for 2023/24 of £0.499 applied to the Rateable Value. All interested parties should speak to the local authority to verify their 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 and 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.

Terms
The units are available to let on new business leases at an initial rent of £60,000 per annum exclusive as a whole or £20,000 per annum exclusive for each individual unit.

Alternatively, offers for the freehold interest with vacant possession are invited in the region of £300,000 per unit or £900,000 as a whole.

It is understood that the property is elected for VAT.

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

Features

  • Three modern two storey business units for sale or to let
  • Well located on Holywells Close, within close proximity to the waterfront and town centre
  • Neighbouring occupiers include Kent Blaxill, Halfords Autocentre, Plumb Mate & Crown Paints
  • Gross internal floor area from 2,812 sq ft (261 sq m) to 8,412 sq ft (782 sq m)
  • Forecourt car parking and loading facilities
  • Available for occupation from 1st November 2023
  • Rent: individually £20,000 pax / combined £60,000 pax
  • Guide price: individually £300,000 / combined £900,000

Floor plan

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Map

Call

Hamish Stone

01473 232701
Make an enquiry

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