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  • • East Ipswich location, easy access to A14/A12 and town centre
  • • Lock up retail premises with onsite parking
  • • Let on 10 year lease to Johnsons Cleaners UK Limited
  • • For sale freehold £299,950 subject to the existing tenancy

Full Description

Freehold investment for sale let to blue chip covenant

The property is let on a 10 year lease from 17th December 2014 with 5 yearly rent reviews at a passing rent of £22,000 per annum exclusive. There is a break clause on 17th December 2019. The tenant, Johnsons Cleaners UK Limited is a fully owned subsidiary of Timpson Group plc.

The premises are situated to the east of Ipswich town centre and benefit from excellent vehicular and pedestrian passing trade. Felixtowe Road is a main arterial road into the town centre. The property is situated in a prominent position in close proximity to St Augustines roundabout. The area is a mix of residential and commercial occupiers to include Kentucky Fried Chicken, newsagents, vets and others.

The premises comprise a former petrol filling station which has been converted into Johnsons Dry Cleaners, with good forecourt parking for customers.

Viewing
Please contact us on 01473 211933 if you wish to arrange a viewing appointment for this property, or require further information.

Disclaimer
Penn Commercial endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

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