Orwell Landing, Fox's Marina, Wherstead, Ipswich
£138,900 Per Annum

Situation
The property is situated at Fox’s Marina to the south of Ipswich town centre, with easy access to the A14/A12 via the A137. The A14 is less than 1 mile away, Junction 56. Also located at Fox’s Marina is a Chandlery, Yacht Club and working boat yard, The Outlook Bar, and a mix of other office occupiers.

Description
The property comprises a detached two-storey office building, which could be split into three separate units, of ca. 3,000 sq ft each, or taken as a whole.

It offers a mix of open plan space, with separate meeting rooms/office areas, and a kitchen and WC facilities on each floor.

The building benefits from an impressive glazed entrance area and dedicated reception, together with a first-floor external balcony, direct views over the River Orwell, suspended ceilings with recessed LED lighting and heating/cooling cassettes.

We understand that fibre internet is connected, providing average speeds of approx. 55mbs.

There is a total of 34 car parking spaces provided in the two car parks onsite, with 12 car spaces for the ground floor and 22 for the first floor.

Planning
Use Class E. All interested parties should contact Babergh Mid Suffolk Council.

Legal Costs
Each party to bear responsibility for their own legal costs incurred in this transaction.

Business Rates
Rateable Value £126,000. All interested parties should contact Babergh Mid Suffolk Council.

Terms & Tenure
The premises are held on a 10-year lease from 12/6/23, expiring on 11/6/33, with a mutual 5-year break clause on 12/6/28, and 3 yearly rent reviews, commencing from 12/6/26. The property is being offered to let by way of an assignment of the existing lease as a whole at the passing rent of £138,900 per annum exclusive, or upon a new sub-lease.

VAT

VAT is applicable.

Services & Service Charge
We understand that mains electricity and water are connected to the property. Nb: None of the services have been tested and it is the responsibility of the proposed tenant to satisfy themselves as to their operation / condition including it and telecommunications links.

A Service Charge is payable in respect of the maintenance and upkeep of the communal areas, cleaning, heating, lighting, security, car park and external areas.
The current charge is £4,914.94 per quarter for the whole building. The last eicr 5-year testing was in November 2023, and the last pat testing was in Summer 2023.

Energy Performance Certificate
Rating 28B, reference, valid until 10th October 2034.

---