A substantial town centre building with Planning Permission to convert into 7 large flats

Situated in the very heart of the town centre within the ‘professional’ area is this substantial and exciting redevelopment opportunity. Totalling around 12,000 sq ft, Planning Permission (Application No. IP/15/00321/FUL) was granted by Ipswich Borough Council in June 2015 for the conversion of what was most recently a restaurant and nightclub into 2 x 1 bedroom and 5 x 2 bedroom particularly spacious loft style flats. A previous lapsed Planning Permission allowed for demolition of the existing building and the construction of 14 x smaller flats and 3000 sq ft of offices, giving potential for a revised scheme. The town itself offers an excellent range of amenities, the rejuvenated marina, a mainline rail station to London Liverpool Street and easy access to the A12 and A14 trunk roads. This represents a rarely available opportunity which shouldn’t be overlooked.

Tenure

Freehold

Viewing

Open days

Energy Efficiency Rating (EPC)

Current Rating n/a

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Ipswich Borough Council. Tel: 01473 432000

Solicitors

EAD Solicitors LLP, Prospect House, Columbus Quay, Riverside Drive, Liverpool L3 4BD, Ref: James Edwards, Tel: 0151 735 1000

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ VAT), payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.