Ipswich, 13 Cornhill, IP1 1DG
Prime Freehold Bank Investment
The property has the following key attributes that we would like to draw to your attention:
- Ipswich is the largest town in Suffolk and the administrative centre for the county
- Arguably the very best retailing location in the town
- Well secured providing major ‘blue chip’ rental income
- Significant future redevelopment potential
Our clients have instructed us to seek offers in excess of £1,500,000 (One Million Five Hundred Thousand Pounds) subject to contract and exclusive of VAT for the freehold interest in the property. A purchase at this price would show an investor an attractive net initial yield of approximately 17.28% assuming standard purchaser’s costs.