£150,000.00 Freehold

Retail Corner Shop with First Floor Flat – 22 Upper Orwell Street Ipswich IP4 1HW

The Property is located at the top end of Upper Orwell Street close to the town centre and comprises a corner shop at the junction with Union Street.

There is a first and second floor upper part approached via a metal staircase from the rear.

The shop traded very successfully for many years as Roberts the Jewellers.

Offers in the region of £150,000 are invited for the freehold interest. A purchase at this price would offer an investor a net initial yield of 6.5% assuming purchase costs at 2.75%

Anodised aluminium shop front with display windows to Upper Orwell Street and return frontage to Union Street. Modern suspended ceiling. Cat A lighting box units. Spotlighting.

The Property is let on a full repairing lease which expires on 1st December 2023 at a rental of £10,000 per annum exclusive.


Price : £150,000.00 Freehold
Property Type : Retail
Purpose : Sell
Status : Available
Frontage : 4.85m
Return Frontage : To Union Street - 2.9m
Depth : 5.50m
First Floor Area : 34.25 m2
Address : 22 Upper Orwell Street Ipswich
County : Suffolk
Post Code : IP4 1HW
City : Ipswich
Country : United Kingdom
Property ID : 1938


Energy Efficiency

Energy Class : C
Energy Performance of the Listing : An Energy Performance Certificate is available upon request.
A+ A B
| Energy class C



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