This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
30-32 Princes St - Friars Courtyard
4,695 SF Office Unit Offered at £355,000 in Ipswich IP1 1RJ
Investment Highlights
- Within the heart of Ipswich town centre
- Good local amenities
- Close to Ipswich railway staion
Executive Summary
The property comprises a office building of masonry construction arranged over five floors including basement.
Property Facts
| Price | £355,000 | Building Class | B |
| Unit Size | 4,695 SF | Number of Floors | 5 |
| No. Units | 1 | Typical Floor Size | 1,085 SF |
| Total Building Size | 13,486 SF | Year Built | 1986 |
| Property Type | Office (Unit) | Lot Size | 0.28 AC |
| Sale Type | Investment |
| Price | £355,000 |
| Unit Size | 4,695 SF |
| No. Units | 1 |
| Total Building Size | 13,486 SF |
| Property Type | Office (Unit) |
| Sale Type | Investment |
| Building Class | B |
| Number of Floors | 5 |
| Typical Floor Size | 1,085 SF |
| Year Built | 1986 |
| Lot Size | 0.28 AC |
1 Unit Available
Unit 1
| Unit Size | 4,695 SF | Sale Type | Investment |
| Price | £355,000 | Tenure | Freehold |
| Price Per SF | £75.61 | Net Initial Yield | 6.68% |
| Unit Use | Office | NOI | £23,700 |
| Unit Size | 4,695 SF |
| Price | £355,000 |
| Price Per SF | £75.61 |
| Unit Use | Office |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 6.68% |
| NOI | £23,700 |
Description
30-32 Princes Street is an impressive office building which was purpose built around 1986 and is known as Friars
Courtyard. Unit 1, which fronts Princes Street, is arranged over ground and three upper floors together with basement
storage. The ground floor has an extensive window frontage to Princes Street and also planning permission for Class A2
use and a new doorway access if required. There is private and secure car parking within the rear of Friars Courtyard
providing 3 spaces used by occupiers of Unit 1. The remaining spaces are demised to owners and occupiers of the
various buildings to the rear.
Sale Notes
30-32 Princes Street is an impressive office building which was purpose built around 1986 known as Friars Courtyard. Unit 1, which fronts Princes Street is arranged on ground and 3 upper floors with basement storage.
The ground floor has an extensive window frontage to Princes Street and also planning permission for Class A2 use and new doorway access if required. Units 2 and 3 are located to the rear within the courtyard and are also arranged on basement, ground and 2 upper floors. Units 2 and 3 have recently secured planning permission for conversion into 6 x 1 bedroom self-contained flats. Unit 8 has already been converted to residential use.
Amenities
- Bus Route
- Courtyard
- Storage Space
-
Jack Glover -
Clarke & Simpson
Presented by
30-32 Princes St - Friars Courtyard
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.