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Lot 8
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14-20 Fore Street, Ipswich, IP4 1JU

Sold for £120,500
Vacant 2,150 sq ft restaurant plus freehold investment, close to Waterfront

Property Details

Description

This scarcely available commercial Investment is on the fringe of the up and coming, trendy and thriving Ipswich Waterfront.
The layout is spread over 2 floors with the ground floor consisting of a restaurant and bar, bar store and male/female WCs, whilst a basement provides additional restaurant, kitchen/prep room and store space.
An opportunity exists for a variety of other uses including possible retail and sub-division (STP).

We are offering the freehold to the entire building, although the upper floors were sold off on a long lease basis several years ago.

Key Features

  • IPSWICH WATERFRONT
  • CLOSE TOWN CENTRE
  • 2,150 SQ FT
  • RESTAURANT OPP.
  • VARIETY OF USES
  • POSS. RETAIL
  • POSS. SUB-DIVISION
  • HUGE POTENTIAL
Tenure

Freehold

EPC

E

Viewing

Thu 28 Apr 10:30 - 11:30
Sat 30 Apr 13:00 - 14:00
Tue 3 May 12:00 - 13:00

Location

14-20 Fore Street, Ipswich, IP4 1JU

*Guide prices are provided as an indication of a vendor’s minimum expectation and the level at which the reserve is set. Properties may not always sell within this guide and this figure may change at any time prior to the auction. The sale price will be dependent upon bidding in the auction room and on the Vendors’ instructions.

Reserve Price Each property will be sold subject to a reserve price, which will be set within, or below, the guide price range or no more than 10% above a single figure guide. This is a confidential figure set between the Vendor and the Auctioneer and is a figure below which the Auctioneer cannot sell the property.

Additional Fees All buyers are liable to pay an Administration Charge of £720 inclusive of VAT. \rOther fees/disbursements may also apply, therefore before making a purchase, please refer to the Legal Pack and Special Conditions.