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Succesful And Fully Occupied Business Centre Complex For Sale

Ipswich, Suffolk, UK
Asking Price:
£1,400,000
Turnover:
£188,000
Net Profit:
£109,000

Unique opportunity to purchase a fully let business centre generating 9.6% gross / 6.6% net, Acorn Business Centre is ideally situated on the outskirts of Ipswich, and has planning permission for significant increase in lettable space.

Currently fully let to 10 separate businesses on yearly annual licences, these offices are perfect for the current uncertain times, with flexible space options, short term commitments and fully inclusive rents. The building itself has 100mb fibre optic cabling which supplements the rental income with individual office sizes varying from 156 sq feet to 3500 sq feet.

On site there are currently 75 parking spaces, plus tenants have access to communal meeting rooms / board rooms, kitchen and toilet facilities. Fully serviced the rent includes all bills, internet access, cleaning and security.

Total annual rent is currently some £ 188,000, with running costs of £ 79,000; generating a net revenue of £ 109,000 pa.

For more information, please contact us by using the form below.

Property Information

Property:

Freehold

Location:

Business complex a few miles from Ipswich city centre and with good communication links to A14

Business Operation

Expansion Potential:

Planning permission to extend been granted which potentially could significantly increase turnover and net profit

Other Information

Website:
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