Christies Warehouse 3 Wherry Wharf Ipswich Suffolk IP4 1AS

  • Christies Warehouse<br>3 Wherry Wharf<br>Ipswich<br>Suffolk<br>IP4 1AS

Christies Warehouse
3 Wherry Wharf
Ipswich
Suffolk
IP4 1AS

Freehold Harbourside Leisure and Retail Investment

  • Prominent Waterside Position fronting Ipswich’s Historic Marina
  • Unit on Salthouse Street let to Riverdale Estates Limited, Nearby occupiers include Pizza Express,
  • Loch Fyne, Salthouse Harbour Hotel and Bistro on the Quay
  • Recent planning approved for A3 and A4 (Bar/restaurant) use
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    50
  • Auction
    8th December 2016
  • Rent
    £14,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £775,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
Important UpdateInterested?
  • Expand
  • Photos
  • Map

Freehold Harbourside Leisure and Retail Investment

  • Prominent Waterside Position fronting Ipswich’s Historic Marina
  • Unit on Salthouse Street let to Riverdale Estates Limited, Nearby occupiers include Pizza Express,
  • Loch Fyne, Salthouse Harbour Hotel and Bistro on the Quay
  • Recent planning approved for A3 and A4 (Bar/restaurant) use
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot 50
  • Auction 8th December 2016
  • Rent £14,000 per Annum Exclusive
  • Status Sold
  • Price £775,000
  • Sector
    Leisure
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
75 miles north east of London, 54 miles south east of Cambridge, 44 miles south of Norwich
Roads
A1156, B1075, A14 (Junction 56)
Rail
Ipswich Rail and Derby Road Rail
Air
London Stansted Airport
Situation

The property occupies a prominent position fronting the Neptune Marina just 10 minutes walk from Ipswich Town Centre. Ipswich Waterfront has undergone considerable regeneration over the years and has been transformed into a bustling leisure district, home to restaurants, hotels, galleries and shops. The Marina is also home to the University of Suffolk and East of England Dance Studio. Nearby occupiers include Pizza Express Loch Fyne, Salthouse Harbour Hotel and Bistro on the Quay. Neptune Marina benefits from visiting large sailing vessels, Tall Ships and Royal Navy ships, together with tours of the River Orwell.

Tenure

Freehold.

Location
Miles
75 miles north east of London, 54 miles south east of Cambridge, 44 miles south of Norwich
Roads
A1156, B1075, A14 (Junction 56)
Rail
Ipswich Rail and Derby Road Rail
Air
London Stansted Airport
Situation

The property occupies a prominent position fronting the Neptune Marina just 10 minutes walk from Ipswich Town Centre. Ipswich Waterfront has undergone considerable regeneration over the years and has been transformed into a bustling leisure district, home to restaurants, hotels, galleries and shops. The Marina is also home to the University of Suffolk and East of England Dance Studio. Nearby occupiers include Pizza Express Loch Fyne, Salthouse Harbour Hotel and Bistro on the Quay. Neptune Marina benefits from visiting large sailing vessels, Tall Ships and Royal Navy ships, together with tours of the River Orwell.

Tenure

Freehold.

Description

The property, a former warehouse, currently comprises ground, first and second floor office accommodation with planning permission for A3/A4 (Bar/Restaurant) use. The property benefits from a forecourt with potential for al fresco dining. The property also includes approximately 25 metres of vacant dock water frontage. To the rear of the property, fronting Salthouse Street, is a
ground floor retail unit with first floor office accommodation.

VAT

VAT is applicable to this lot.

Planning

On the 26th February 2016 planning permission was granted for alterations to front elevation to the extend the glazed restaurant frontage (see artist’s impression of proposed frontage). For further information please visit Ipswich Planning Portal REF: 16/00195/FUL.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property, a former warehouse, currently comprises ground, first and second floor office accommodation with planning permission for A3/A4 (Bar/Restaurant) use. The property benefits from a forecourt with potential for al fresco dining. The property also includes approximately 25 metres of vacant dock water frontage. To the rear of the property, fronting Salthouse Street, is a
ground floor retail unit with first floor office accommodation.

VAT

VAT is applicable to this lot.

Planning

On the 26th February 2016 planning permission was granted for alterations to front elevation to the extend the glazed restaurant frontage (see artist’s impression of proposed frontage). For further information please visit Ipswich Planning Portal REF: 16/00195/FUL.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
3 Wherry Quay Ground
First
Second		 Offices
Offices
Offices
195.70 sq m
198.60 sq m
43.00 sq m
(2,107 sq ft)
(2,138 sq ft)
(463 sq ft)
 VACANT POSSESSION (1)      
5 Wherry Quay Ground &
First		 Retail/
Offices
111.48 sq m
(1,200 sq ft)
 RIVERDALE ESTATES LIMITED
(2) (WITH PERSONAL
GUARANTEE)		 5 years from 16/01/2016
on a full repairing and
insuring lease		 £14,000 15/01/2021
Total    
584.7 8 sq m
(5,908 sq ft)
     £14,000  

(1) 3 Wherry Quay is currently being marketed to let at £60,000 pa.
(2) Riverdale estates Limited have been in occupation for over 12 years. Riverdale Estates are an owner managed independent estate agency specialising in the sale, letting and management of property within Ipswich and the surrounding areas (Source: riverdaleestates.co.uk).

Contacts

Seller's Solicitors
Warners Solicitors Bank House, Bank Street
Tonbridge
Kent
TN9 1BL
Bill Wass 01732 375 309bill.wass@warners-solicitors.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

You may also be interested in

By clicking the Submit button I confirm that I would like to get updates on this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

We will keep you updated about lot xthis property.

In the meantime, if you would like to speak to the Surveyor about this property, please call on .

Are you sure you want to remove this property from your Watch List?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?