Market Hl 2,059 SF 100% Leased Retail Building Framlingham IP13 9BD £400,000 (£194.27/SF)

Offers are invited in the region of £400,000 (Four Hundred Thousand Pounds for the freehold of the property. Unit 1 is let to Collated Limited on an effectively full repairing and insuring lease for a term expiring on 19 June 2028 at a rent of £12,500 pax. The lease contains a tenant break on 19 June 2026. The tenant will receive 1 month rent free if the break is not exercised. Units 2-6 is let to Mark Palmer Portraiture Limited on an effectively full repairing and insuring lease for a term expiring on 21 April 2030 at a rent of £22,500 pax, subject to rent reviews on 22 April 2025 and 22 April 2028. The lease contains a tenant break on 22 April 2028. The flat is held on a long lease expiring 7 April 2113, at a peppercorn.