18-22 Tavern St 12,629 SF Retail Unit Offered at £1,500,000 in Ipswich IP1 3AY
INVESTMENT HIGHLIGHTS
- Let to Superdrug Stores Plc on a 10 year lease from 2018 (Reversion 2028)
- Future development potential to convert the upper floor into dwellings (subject to existing lease & the requisite consents)
- April 2025 tenant only break notice has not been served
PROPERTY FACTS
| Price | £1,500,000 |
| Unit Size | 12,629 SF |
| No. Units | 1 |
| Total Building Size | 18,845 SF |
| Property Type | Retail (Unit) |
| Property Subtype | Storefront |
| Sale Type | Investment |
| Building Class | B |
| Number of Floors | 3 |
| Typical Floor Size | 6,282 SF |
| Year Built | 1902 |
| Lot Size | 0.17 AC |
| Sale Condition | Auction Sale |
1 UNIT AVAILABLE
Unit 20
| Unit Size | 12,629 SF |
| Price | £1,500,000 |
| Price Per SF | £118.77 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Sale Conditions | Auction Sale |
DESCRIPTION
A prominent mid terrace building located in the centre of Ipswich.
SALE NOTES
Lot 167 is available for sale at Savills' to be held on 18th-19th of March 2025.
The property comprises an long leasehold investment opportunity for sale.
The asking price is £1,500,000.
1 of 1
AMENITIES
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
