High-yield, modern office investment with strong tenant income and refurbishment upside.
- Freehold Grade A office building, centrally located in Ipswich
- 96,990 sq ft NIA across ground plus four upper floors
- Producing £1,202,638 pa from 14 tenants (multi-let)
- MEES compliant and fully electric with LED/LG7 lighting
- Enhanced bike storage, showers, on-site café and 34 parking spaces
- Continued refurbishments underway, including a VRF installation
- Area is very deprived with a high local crime rate
- Large reception, double-height lobby and accessible raised floors
Crown House is a prominently situated Grade A freehold office building in central Ipswich, offered with a strong multi-let income profile and long-term value drivers. The property extends to 96,990 sq ft NIA across ground and four upper floors, producing a reported annual income of £1,202,638 from 14 tenants including professional occupiers.
Recent refurbishment work has modernised the asset into an all-electric, MEES-compliant building with LED/LG7 lighting, accessible raised floors, enhanced cycle storage, shower facilities and an on-site café. Continued upgrades include a VRF system, supporting operational efficiency and tenant appeal.
Practical features support occupation and asset management: 34 car parking spaces, double-height reception, large floorplates suitable for clustering or continued multi-let configuration, and fast digital connectivity. The freehold tenure and central location create an investment platform for steady rental receipts or further asset management.
Buyers should note material location and market factors: the property sits in a very deprived, high-crime urban district classified as a private-renting new arrivals area. These socioeconomic factors may influence tenant mix, occupational risk, insurance costs and local wage levels. The building is recently renovated, but additional lifecycle and fit-out costs should be allowed for as part of continued refurbishment.
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