Retail property (high street) for sale

The property comprises an end of terrace, mixed use two storey building of brick construction beneath a part pitched tiled roof and flat roof with a modern single storey pitched roof extension to the rear. The property provides commercial accommodation on the ground floor to the front and a self-contained duplex apartment over the ground floor rear and first floor.

The ground floor comprises a retail area to the front with a store, WC and kitchen to the rear. The sales area is fitted with LED spot lighting and wood effect laminate floor
coverings.

The residential accommodation is accessed via an alleyway to the side of the property and comprises a large lounge/kitchen on the ground floor with two bedrooms,
bathroom and store cupboard on the first floor. The flat is fitted with a gas fired central heating system and benefits from a large garden to the rear.

Accommodation [Approximate Net/Gross Internal Floor Areas]

Retail Premises (Net Internal Floor Area)
Sales Area: 276 sq ft [25.64 sq m]
Store: 78 sq ft [ 7.21 sq m]
Kitchen: 87 sq ft [ 8.12 sq m]
WC: -- --
Total Net Internal Floor Area: 441 sq ft [40.97 sq m]

Duplex Apartment (Gross Internal Floor Area)
Lounge/Kitchen: 276 sq ft [25.62 sq m]
Bathroom: 42 sq ft [ 3.91 sq m]
Entrance Lobby: 42 sq ft [ 3.94 sq m]
Bedroom 1 inc. Cupboard: 207 sq ft [19.19 sq m]
Bedroom 2: 95 sq ft [ 8.86 sq m]
Cupboard: 33 sq ft [ 3.10 sq m]
Bathroom: 47 sq ft [ 4.34 sq m]
Total Gross Internal Floor Area: 742 sq ft [68.96 sq m]

Business Rates & Council Tax
The property is assessed as follows:

Apartment Council Tax: Band A

Retail Premises Rateable Value: £6,500
Rates Payable (2024/25): £3,243.50 per annum

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.

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

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
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Terms
Offers are invited in the region of £250,000 for the freehold with vacant possession upon completion.

It is understood that the property is not VAT elected.

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