1782 sq. ft (165.55 m²)
Key features
- Two storey office building in prominent location
- Ample onsite covered car parking
- Available on a new lease
Description
The ground floor comprises a reception area, two glass partitioned meeting rooms, server
room and a further office/meeting room to the rear. The first floor is accessed via a staircase to the side of the building and provides three further part-glazed partitioned offices together with a kitchen and WC facilities.
The specification includes suspended ceilings incorporating fluorescent lighting, secondary glazing to the first floor, electric night storage heaters and carpet floor coverings.
LOCATION
50 St Nicholas Street occupies a prominent corner position at the junction of St Nicholas Street and Cutler Street within Ipswich town centre. The property benefits from excellent visibility and frontage to passing pedestrian and vehicular traffic, whilst being within easy walking distance of the town's principal retail, leisure and business amenities.
ACCOMMODATION [Approximate Net Internal Floor Areas]
Ground Floor
Reception: 209 sq ft [ 19.39 sq m]
Server Room: 60 sq ft [ 5.61 sq m]
Rear Glazed Meeting Rooms:377 sq ft [ 35.02 sq m]
Rear Office: 366 sq ft [ 33.09 sq m]
First Floor
Offices: 759 sq ft [ 70.53 sq m]
Store: 21 sq ft [ 1.98 sq m]
Kitchen: 50 sq ft [ 4.61 sq m]
WC: --
Total Net Internal Floor Area: 1,782 sq ft [165.52 sq m]
Terms
The premises are available to let on a new full repairing and insuring lease, lease length and terms to be agreed, at a rent of £22,500 per annum plus VAT.
Business Rates
The property is assessed as follows:
Rateable Value: £14,750
Rates Payable Estimate (2026/27): £6,372
Rates Payable are based upon the current UBR for 2026/27 of £0.432. All interested parties should make their own enquires with the local rating authority in order to verify their rates liability.
BUILDINGS INSURANCE
The landlord is responsible for arranging the buildings insurance with the cost to be recovered from the tenant.
PLANNING
The property benefits from Use Class E(g)(i) - Offices, as defined within the Town and Country Planning (Use Classes) Order 1987 (as amended).
All interested parties should make their own enquiries with the Local Planning Authority to establish any requirements for alternative planning permission for their proposed use.
Energy Performance Certificate [EPC]
To be commissioned.
VAT
The property is elected to VAT. Prospective tenants should therefore be aware that VAT will be payable at the prevailing rate on the rent and service charge.
Legal costs
Each party will bear their own legal costs.
Anti-Money Laundering Regulations
Anti-Money Laundering Regulations require Fenn Wright to verify the identity, private residence and source of funds (where applicable) of prospective purchasers and tenants prior to solicitors being instructed. An administration fee is payable, and further details are available upon request.
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