Ipswich is one of East Anglia's most important commercial centres with a catchment population of about 350,000. There are good road links to the M25, London and Midlands via the A12 and A14 dual carriageways. London Liverpool Street is just over an hour away from Ipswich by train.
Beta Terrace forms part of the Masterlord Business Park, a modern development at Ransomes Europark on the south eastern outskirts of the town, with easy access onto the A14. It is situated off West Road, behind the large B&Q store.
The property comprises a single storey office building of brick/blockwork construction under an insulated pitched roof. The premises comprise an open plan office with a partitioned private office/meeting room, kitchen and disabled WC to the rear.
The premises are fitted with a suspended ceiling incorporating recessed fluorescent lighting and air-conditioning, perimeter trunking with telephone and data points, laminate floor coverings. The premises also benefit from CCTV and an intruder alarm system.
A forecourt provides 4 car parking spaces.
The premises provide the following approximate net internal floor areas:
Main Office646 sq ft(59.99 sq m)
Meeting Room145 sq ft(13.44 sq m)
Kitchen82 sq ft( 7.57 sq m)
Disabled WC -- --
Total Net Internal Floor Area 873 sq ft (81.00 sq m)
The premises are assessed as follows:
Rateable Value 10,000
Rates Payable(2021/22) 4,990 per annum
The rates are based on a UBR for the current year of 49.9p in the pound. Small business rate relief may be available. All interested parties should make their own enquiries with the local rating authority in order to verify their rates liability.
Ipswich Borough Council
15-17 Russell Road
We understand the property is connected to mains electricity, 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.
The premises are available to let on a new business lease upon terms to be agreed at an initial rent of 12,000 per annum exclusive.
Alternatively, offers are invited in the region of 165,000 for the freehold interest with vacant possession.
It is understood that the property is elected for VAT.
A service charge is payable in relation to maintenance of the estate.
Each party to be responsible for their own legal costs.