The ground floor of the building was leased by Tesko.
Tesco is the No. 1 retailer in the UK and the third - in the world, operates 2,700 shopping centers for the sale of food and manufactured goods.
Some of the space was leased by Tesko to the sublease of Papa Johns and Subway.
Leasable areas:
- Tesco - 4249 sq. M. Foot = 394. 74 m2;
- Papa Jons 1075 sq. M. Foot = 99. 87 m2;
- Subway 571 sq. M. Foot = 53. 04 m2.
The new lease is concluded for 20 years with the possibility of cancellation after 15 years.
Revision of market rental rates every 5 years.
Rent of 90 000 pounds for a new lease period.
Virtual freehold - rent 999 years for a nominal fee
1,400,000 is the purchase price
Yield (gross) 6. 2% after fees.
The facility is located near the university and the marina with a large tourist hotel nearby and a very small selection of shops nearby.
Ipswich is a city and port in East Anglia, located in the estuary of the Orwell River, which flows into the North Sea. It is located about 80 miles from London. The administrative center of Suffolk County. Population 133 384 people in 2011
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