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Investment Highlights

  • Attractive two storey office with basement
  • Available for sale or to let
  • Modern open-plan office layout with vaulted ceiling

Executive Summary

The property comprises an attractive office building arranged over ground, first and basement levels. The ground floor provides a spacious reception leading to a main open-plan office with vaulted ceiling, together with a kitchen/breakout area and a separate meeting room. The first floor comprises three further meeting rooms and an additional kitchen. The basement provides additional storage.

WC facilities are provided on the ground, first and lower ground floors, with a shower located at lower ground level.

The offices are fitted with LED lighting, carpet floor coverings. Under floor heating is situated in the main ground floor office. Air-conditioning is fitted to the first floor rooms.

ACCOMMODATION [Approximate Net Internal Floor Areas]

Ground Floor

Entrance 261 sq ft [ 24.22 sq m]
Main Office 2,010 sq ft [ 186.78 sq m]
Meeting Rooms 164 sq ft [ 15.27 sq m]

First Floor

Meeting Room 1 111 sq ft [ 10.31 sq m]
Meeting Room 2 72 sq ft [ 6.67 sq m]
Board Room 247 sq ft [ 22.95 sq m]
KC/Breakout 165 sq ft [ 15.36 sq m]
Store 29 sq ft [ 2.69 sq m]
Basement Stores 526 sq ft [ 48.88 sq m]

Total Net Internal Floor Area 3,586 sq ft [ 333.12 sq m]

BUSINESS RATES

According to the Valuation Office Agency website, the premises has a Rateable Value of £32,250. The rates payable (2026/27) is £14,254.50 per annum based on the current UBR for 2026/27 of £0.442.

All interested parties should make their own enquires with the local rating authority in order to verify their rates liability.

SERVICES

It is understood that the premises is connected to mains water, electricity 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 including IT and telecommunications.

PLANNING

The authorised use for the premises is Class E (Commercial Business & Service) use 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.

LOCAL AUTHORITY

Ipswich Borough Council, Grafton House, 15-17 Russell Road, Ipswich, IP1 2DE [use Contact Agent Button]

EPC - D (81) Rating Ref:[use Contact Agent Button]-0241-4874

TERMS

Offers are invited in the region of £500,000 for the freehold interest with vacant possession upon completion.

Alternatively, the premises are available on a new full repairing and insuring business lease at an initial rent of £45,000 per annum exclusive.

VAT position to be confirmed.

LEGAL COSTS

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

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bank
Building Size
3,732 SF
Building Class
B
Year Built
1900
Price
$913,957 CAD
Price Per SF
$244.90 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Frontage
38’ on Princes St

Amenities

  • Storage Space

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • -
  • 3,586 SF
  • Office
  • -
  • 30 Days

The property comprises an attractive office building arranged over ground, first and basement levels. The ground floor provides a spacious reception leading to a main open-plan office with vaulted ceiling, together with a kitchen/breakout area and a separate meeting room. The first floor comprises three further meeting rooms and an additional kitchen. The basement provides additional storage.WC facilities are provided on the ground, first and lower ground floors, with a shower located at lower ground level.The offices are fitted with LED lighting, carpet floor coverings. Under floor heating is situated in the main ground floor office. Air-conditioning is fitted to the first floor rooms.ACCOMMODATION [Approximate Net Internal Floor Areas]Ground Floor Entrance 261 sq ft [ 24.22 sq m] Main Office 2,010 sq ft [ 186.78 sq m] Meeting Rooms 164 sq ft [ 15.27 sq m]First Floor Meeting Room 1 111 sq ft [ 10.31 sq m] Meeting Room 2 72 sq ft [ 6.67 sq m] Board Room 247 sq ft [ 22.95 sq m] KC/Breakout 165 sq ft [ 15.36 sq m] Store 29 sq ft [ 2.69 sq m] Basement Stores 526 sq ft [ 48.88 sq m] Total Net Internal Floor Area 3,586 sq ft [ 333.12 sq m]BUSINESS RATESAccording to the Valuation Office Agency website, the premises has a Rateable Value of £32,250. The rates payable (2026/27) is £14,254.50 per annum based on the current UBR for 2026/27 of £0.442.All interested parties should make their own enquires with the local rating authority in order to verify their rates liability.SERVICESIt is understood that the premises is connected to mains water, electricity 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 including IT and telecommunications.PLANNINGThe authorised use for the premises is Class E (Commercial Business & Service) use 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.LOCAL AUTHORITYIpswich Borough Council, Grafton House, 15-17 Russell Road, Ipswich, IP1 2DE [use Contact Agent Button]EPC - D (81) Rating Ref:[use Contact Agent Button]-0241-4874TERMSOffers are invited in the region of £500,000 for the freehold interest with vacant possession upon completion.Alternatively, the premises are available on a new full repairing and insuring business lease at an initial rent of £45,000 per annum exclusive.VAT position to be confirmed.LEGAL COSTSEach party is to be responsible for their own legal costs.

Space Size Space Use Position Available
- 3,586 SF Office - 30 Days

-

Size
3,586 SF
Space Use
Office
Position
-
Available
30 Days

-

Size 3,586 SF
Space Use Office
Position -
Available 30 Days

The property comprises an attractive office building arranged over ground, first and basement levels. The ground floor provides a spacious reception leading to a main open-plan office with vaulted ceiling, together with a kitchen/breakout area and a separate meeting room. The first floor comprises three further meeting rooms and an additional kitchen. The basement provides additional storage.WC facilities are provided on the ground, first and lower ground floors, with a shower located at lower ground level.The offices are fitted with LED lighting, carpet floor coverings. Under floor heating is situated in the main ground floor office. Air-conditioning is fitted to the first floor rooms.ACCOMMODATION [Approximate Net Internal Floor Areas]Ground Floor Entrance 261 sq ft [ 24.22 sq m] Main Office 2,010 sq ft [ 186.78 sq m] Meeting Rooms 164 sq ft [ 15.27 sq m]First Floor Meeting Room 1 111 sq ft [ 10.31 sq m] Meeting Room 2 72 sq ft [ 6.67 sq m] Board Room 247 sq ft [ 22.95 sq m] KC/Breakout 165 sq ft [ 15.36 sq m] Store 29 sq ft [ 2.69 sq m] Basement Stores 526 sq ft [ 48.88 sq m] Total Net Internal Floor Area 3,586 sq ft [ 333.12 sq m]BUSINESS RATESAccording to the Valuation Office Agency website, the premises has a Rateable Value of £32,250. The rates payable (2026/27) is £14,254.50 per annum based on the current UBR for 2026/27 of £0.442.All interested parties should make their own enquires with the local rating authority in order to verify their rates liability.SERVICESIt is understood that the premises is connected to mains water, electricity 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 including IT and telecommunications.PLANNINGThe authorised use for the premises is Class E (Commercial Business & Service) use 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.LOCAL AUTHORITYIpswich Borough Council, Grafton House, 15-17 Russell Road, Ipswich, IP1 2DE [use Contact Agent Button]EPC - D (81) Rating Ref:[use Contact Agent Button]-0241-4874TERMSOffers are invited in the region of £500,000 for the freehold interest with vacant possession upon completion.Alternatively, the premises are available on a new full repairing and insuring business lease at an initial rent of £45,000 per annum exclusive.VAT position to be confirmed.LEGAL COSTSEach party is to be responsible for their own legal costs.

Nearby Major Retailers

PureGym
Bakers + Baristas
Starbucks
Londis
Waitrose & Partners
The Co-operative Bank
Tsb Bank Plc
Barclays
HSBC
NatWest
  • Listing ID: 39864108

  • Date on Market: 2026-03-22

  • Last Updated:

  • Address: 11-13 Princes St, Ipswich IP1 1PH

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