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41-43 Westgate St 4,331 SF Retail Building Ipswich IP1 3DX $595,172 CAD ($137.42 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Prominent Town Centre Location
  • Upper Floor Sales with potential to develop/convert (STP)
  • Double Fronted Shop

EXECUTIVE SUMMARY

The property comprises a three storey, terraced unit including substantial, double fronted ground floor sales area. To the rear of the property provides storage and servicing via Black Horse Lane, first floor sales and second floor stock rooms and kitchen. Freehold offers are invited in the region of £320,000 plus VAT.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
4,331 SF
Building Class
B
Year Built
1948
Price
$595,172 CAD
Price Per SF
$137.42 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.87
Lot Size
0.11 AC
Frontage
36’ on Westgate Street

AMENITIES

  • Energy Performance Rating - B
  • Storage Space

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • Ground
  • 4,331 SF
  • Retail
  • In-Line
  • Now

The property comprises a three storey, terraced unit including substantial, double fronted ground floor sales area. To the rear of the property provides storage and servicing via Black Horse Lane, first floor sales and second floor stock rooms and kitchen. The property is available by way of a new Full Repairing and Insuring (FRI) lease for a term of years to be agreed, incorporating periodic upward only rent reviews at an asking rent of £32,000 per annum exclusive of Business Rates, VAT, and all other outgoings.

Space Size Space Use Position Available
Ground 4,331 SF Retail In-Line Now

Ground

Size
4,331 SF
Space Use
Retail
Position
In-Line
Available
Now

Ground

Size 4,331 SF
Space Use Retail
Position In-Line
Available Now

The property comprises a three storey, terraced unit including substantial, double fronted ground floor sales area. To the rear of the property provides storage and servicing via Black Horse Lane, first floor sales and second floor stock rooms and kitchen. The property is available by way of a new Full Repairing and Insuring (FRI) lease for a term of years to be agreed, incorporating periodic upward only rent reviews at an asking rent of £32,000 per annum exclusive of Business Rates, VAT, and all other outgoings.

NEARBY MAJOR RETAILERS

Pure Gym
Revolution
Caffè Nero
Bakers + Baristas
Starbucks
Londis
Waitrose & Partners
Morrisons
Iceland
The Co-operative Bank
  • Listing ID: 37649376

  • Date on Market: 2025-09-12

  • Last Updated:

  • Address: 41-43 Westgate St, Ipswich IP1 3DX

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