Freehold Retail/Office to be offered with Full Vacant Possession
Excellent town centre location
Prominent corner position on prime pedestrianised retail thoroughfare
Benefits from self-contained office accommodation on first and second floors
Residential redevelopment potential (subject to consents)
Nearby occupiers include Marks & Spencer, Next, Primark, Monsoon and Superdrug
Six Week Completion Period Available
Lot 69
Auction 18th October 2011
Vacant Possession
Status Sold
Price £310,000
Sector High Street Retail
Auction Venue Millennium Hotel 44 Grosvenor Square London W1K 2HP
On behalf of Warnbridge Properties Ltd
Property Information
Location
Miles
18 miles north-east of Colchester, 44 miles south of Norwich, 72 miles north-east of London
Roads
A1156, A14 (Junction 53), A12
Rail
Ipswich Railway Station , (68 minutes to London Liverpool Street)
Air
London Luton
Situation
The property is situated in a prominent corner location on the southern side of Westgate Street, one of Ipswich's prime pedestrianised retail thoroughfares, at its junction with Museum Street. Nearby occupiers include Marks & Spencer, Next, Primark, Monsoon, Burger King and Superdrug.
Tenure
Freehold.
Location
Miles
18 miles north-east of Colchester, 44 miles south of Norwich, 72 miles north-east of London
Roads
A1156, A14 (Junction 53), A12
Rail
Ipswich Railway Station , (68 minutes to London Liverpool Street)
Air
London Luton
Situation
The property is situated in a prominent corner location on the southern side of Westgate Street, one of Ipswich's prime pedestrianised retail thoroughfares, at its junction with Museum Street. Nearby occupiers include Marks & Spencer, Next, Primark, Monsoon, Burger King and Superdrug.
Tenure
Freehold.
Description
The property, a Grade II Listed building in a Conservation Area, comprises a ground floor retail unit benefiting from a return frontage, with basement storage accommodation. The property also benefits from self-contained office accommodation on first and second floors accessed via Museum Street.
Planning:
For any planning enquiries, please contact:
Ipswich Borough Council, Grafton House, 15-17 Russell Road, Ipswich. IP1 2DE.
Tel: 01473 432000 Website: http://www.ipswich.gov.uk
VAT
VAT is not applicable to this lot.
Viewings
There will be 2 block viewing dates. Please register with the Auctioneers if you would like to view.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property, a Grade II Listed building in a Conservation Area, comprises a ground floor retail unit benefiting from a return frontage, with basement storage accommodation. The property also benefits from self-contained office accommodation on first and second floors accessed via Museum Street.
Planning:
For any planning enquiries, please contact:
Ipswich Borough Council, Grafton House, 15-17 Russell Road, Ipswich. IP1 2DE.
Tel: 01473 432000 Website: http://www.ipswich.gov.uk
VAT
VAT is not applicable to this lot.
Viewings
There will be 2 block viewing dates. Please register with the Auctioneers if you would like to view.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit
Floor
Use
Floor Areas (Approx)
Tenant
35 Westgate Street
Ground Ground Basement
Retail Storage Storage
66.15 sq m 68.00 sq m 79.04 sq m
(712 sq ft) (732 sq ft) (851 sq ft)
FULL VACANT POSSESSION (1)
2 Museum Street
Ground First Second
Lobby Office Office
3.94 sq m 103.37 sq m 97.53 sq m
(42 sq ft) (1,113 sq ft) (1,050 sq ft)
FULL VACANT POSSESSION (1)
Totals
418.03 sq m
(4,500 sq ft)
(1) A property is exempt from unoccupied rates if it is registered as a Listed building under Section 54 of the Town and Country Planning Act 1971. No rates are therefore currently payable for this building.
