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Lot 4
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2 – 4 St. Margarets Plain, Ipswich, Suffolk, IP4 2BA

Sold for £216,000
4,300 sq.ft commercial building... prime town centre location

Property Details

Description

This opulent Grade II listed building is clearly visible in a high profile location on St Margarets Plain with frontage also on Old Foundry Road, giving a superb position for all central amenities. Its most recent occupation was the form of an upmarket hair salon but previously was used as a nationally respected antique store which was visited by Queen Mary in the 1930’s. Occupying 4300 sq. ft. over three floors plus a cellar this prospect very much offers a canvas for subdivision and speculative development. With the right planning approval, this exciting proposition provides a multitude of opportunities including; hospitality, retail or offices with residential on the upper floors. You have to see first hand the fantastic space on offer, and the potential it gives for playing an essential part in reviving that area of the town.

Key Features

  • GRADE II LISTED
  • 4,300 SQ.FT.
  • LARGE CELLAR
  • EXCELLENT FRONTAGE
  • PROMINENT LOCATION
  • VARIOUS USES (STP)
  • FLOORPLAN ONLINE
  • VIDEO TOUR ONLINE
Tenure

Freehold

EPC

N/A

Viewing

Strictly by appointment with the Auctioneers

Solicitors

Mr Joe Jordan
Prettys
Elm House
25 Elm Street
Ipswich
IP1 2AD

Location

2 - 4 St. Margarets Plain, Ipswich, Suffolk, IP4 2BA

*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 £900 inclusive of VAT. \rOther fees/disbursements may also apply, therefore before making a purchase, please refer to the Legal Pack and Special Conditions.