Supermarket for rent - 283 Duke St, Ipswich, Suffolk, IP3 0BF

£90,000

For Rent

Property information

Status:
Available
Type:
Rent
Address:
Suffolk, IP3 0BX
Categories:
Supermarkets
Features:
1m - 5m, Blue-chip tenant, Finance available, Good location, Lease term: 10 - 15 years, Lock Up investment, No Break clauses, Suitable for a SIPP, Upwards Only Rent Reviews
Listed on:
23-09-2019

Commercial

S.O.A.


Description

Virtual Freehold Blue-Chip, Supermarket & Restaurant Investment. Comprising 3 ground floor retail units, configured as: Tesco - 4,249 sqft, Papa Johns 1,075 sqft and Subway 571 sqft
Location Description
Ipswich, the county town of Suffolk, is situated some 75 miles north-east of London at the junction of the A12 and A14 trunk roads and serves a population of some 133,000. Ipswich has undergone extensive rebuilding, principally around the waterfront, which has turned a former industrial dock area into an emerging residential and commercial centre. The immediate location comprises new build residential blocks with commercial on the ground floors, and is a few minutes walk from the University of Suffolk
Additional Notes
The property is held on 999 year lease at peppercorn The ground floor is let to Tesco for 90,000 p.a. FR&I for 15 years (no breaks) from December '17 Rent reviews are 5 yearly and subject to open market rents, capped at 12.5% Tesco have sublet part to Papa Johns and Subway



Disclaimer

Property reference: 2e63514a339e258e689a7870ea34707a

The information exhibited about this property relates to a property listing advertisement. Commercial People Ltd makes no assurances as to the accurateness or completeness of the said advertisement or any connected or associated information. Commercial People Ltd has no control over the content of the advertisement. This property advertisement does not constitute property particulars. All information is provided and maintained by Prideview Group. In the event of any discrepancies, we ask that you please contact the selling agent or developer directly.

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Prideview Group
Stanmore,
HA7 4AL,
GB

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Property reference: 2e63514a339e258e689a7870ea34707a

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