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Knapton House, 12 Lower Brook Street, Ipswich, IP4 1AP

4,800 Sq Ft / Offices / Investment

Sold - Last updated: 02 January 2018

The property is situated in Lower Brook Street, one of the premier office locations in the heart of Ipswich town centre. Many solicitors, accountants and other professional occupiers currently practice in this area, close to all the town centre amenities. 
 

Location

Ipswich is the administrative and county town of Suffolk and is one of the principal commercial and financial centres of East Anglia.  The town lies on the River Orwell, approximately 70 miles north east of central London, 55 miles south east of Cambridge, 43 miles south of Norwich, and 18 miles north east of Colchester.  Major roads in the area include the A12, which provides dual carriageway access to the A14, providing a principal link from the Port of Felixstowe to the East Midlands. 
 

Accommodation

The property comprises a Grade II Listed 4 storey office building with 5 car parking spaces in a secure courtyard. The property is in excellent condition and retains original features. 
 

Terms

Tenure
For sale freehold, offers in the region of £600,000. 
 
Yield
The premises are currently let to Cambridge Guarantee Ltd on a 10 year lease commencing 17th May 2012, with 5 years remaining on the lease. The premises produce an income of £40,000 per annum. 
 

Specification

• Central professional / business location
• Onsite car parking for 5 cars
• Guide price of £600,000
• Let to Cambridge Guarantee Ltd on a 10 year lease, with 5 years remaining - producing an income of £40,000 per annum 
 


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