Sun Buildings, 35-37 Princes Street, Ipswich, Suffolk, IP1

The property comprises an attractive Grade II listed period building arranged over ground, four upper floors and basement. All levels are accessed via stairs, with a 6-person lift serving every floor except the fourth.

The ground floor comprises a former banking hall, which features an impressive high ceiling, open plan office area and glazed partitioned meeting rooms.

The upper floors are to be provide spacious and bright open plan office suites.

Each suite is being refurbished and will benefit from its own tea point and toilet facilities, capable of being let individually or in conjunction with adjoining floors. The refurbishment programme includes new air conditioning units, upgraded lighting and floor coverings.

Shower facilities are to be installed in the basement area , which also provides ancillary storage accommodation with separate areas being available to individual tenants.

ACCOMMODATION & TERMS

The floor areas of the individual suites are provided below.

Each suite is available on a new effectively fully repairing and insuring business lease on terms to be agreed and on the basis of the annual rents referred to below :

Office Suite

Ground Floor
NIA: 689 sq ft [64 sq m] Rent: £13,000 per annum

First Floor
NIA: 797 sq ft [74 sq m] Rent: £12,000 per annum

Second Floor
NIA: 786 sq ft [73 sq m] Rent: £12,000 per annum

Third Floor
NIA: 764 sq ft [71 sq m] Rent: £14,000 per annum

Fourth Floor
NIA: 603 sq ft [56 sq m] Rent: £8,000 per annum

Individual floors can be combined to create larger suites or alternatively the property can be let as a whole, including the basement.

The property is VAT exempt.

BUSINESS RATES

To be reassessed following completion of the refurbishment.

LOCAL AUTHORITY

Ipswich Borough Council, Grafton House, 15-17 Russell Road, Ipswich, IP1 2DE. Tel:

LEGAL COSTS

Each party is to be responsible for their own legal costs.