Investment For Sale, Ipswich, Suffolk

The Property Comprises A Mid-terrace Ground-floor Retail Unit Within A Three-storey Building, With The Upper Floors Sold On A Long Lease. The Unit Fronts Onto A Communal Concrete Pedestrianised Forecourt.

The Property Provides A Fish & Chip Takeaway Shop, Incorporating A Customer Serving Area With Full-height Double-glazed Bi-fold Windows, Ceramic Tiled Flooring And Fitted Hot Food Equipment, Including Fryers And Extraction System. To The Rear Are Food Preparation, Storage Areas, A Kitchenette And Wc.

The Property Also Benefits From A Separate Pre-cast Concrete Garage To The Rear,
Providing Additional Storage.

Location

The Property Is Situated At 13 Ellenbrook Road, Within Ellenbrook Green, An Established Neighbourhood Retail Parade In The Chantry Area Of Ipswich, Approximately 2 Miles South-west Of The Town Centre.

The Surrounding Residential Estates Of Chantry, Stoke Park And Maidenhall Provide A Combined Catchment Population Estimated At Approximately 20,000-25,000. Nearby Occupiers Include A Convenience Store, Hot Food Takeaway, Barbers, Pharmacy, Veterinary Clinic And Ladbrokes.

Accommodation

[approximate Net Internal Floor Area]

Food Service Area: 372 Sq Ft [34.54 Sq M] Approx.
Food Prep Area: 119 Sq Ft [11.10 Sq M] Approx.
Food Prep / Store: 181 Sq Ft [16.79 Sq M] Approx.
Kitchen: 178 Sq Ft [16.50 Sq M] Approx.
W/c: - -
Garage: 130 Sq Ft [12.10 Sq M] Approx.
Total: 980 Sq Ft [91.03 Sq M] Approx.

Tenancy

The Property Is Let To A Private Individual, Trading As Ellenbrook Fish Bar, At A Rent Of £15,600 Per Annum Exclusive.

The Lease Expires On 31st July 2031 And Is On An Effective Full Repairing And Insuring (fri) Basis. A Copy Of The Lease Is Available Upon Request.

Business Rates

The Property Is Assessed As Follows;

Rateable Value: £10,000rates Payable (2026/27): £3,820 Per Annum
Rates Payable Are Based Upon The Current Ubr For 2026/27 Of £0.382.

Planning

Planning Consent Was Granted On 10 August 1983 (ref: 83/00527/ful) For The Additional Use Of The Shop For The Sale Of Hot Takeaway Food (fish And Chips). The Current Planning Use Is Classified As Sui Generis Under The Town And Country Planning (use Classes) Order 1987 (as Amended).

Services

We Understand The Property Is Connected To Mains Electric, Gas, Water And Drainage.
We Have Not Tested Any Of The Services And All Interested Parties Should Rely Upon Their Own Enquiries With The Relevant Utility Companies In Connection With The Availability And Capacity Of All Those Serving The Property.

Energy Performance Certificate [epc]

The Epc Rating Is Currently Being Assessed.

Terms

Offers Are Invited In The Region Of £165,000 For The Freehold Interest, Reflecting A Gross Initial Yield Of 9.45%.

Vat

The Property Is Vat Exempt.

Legal Costs

Each Party Will Bear Their Own Legal Costs.