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Lot 6
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26 Princes Street, Ipswich, IP1 1RJ

Sold for £222,000
Prime commercial property with potential... central Ipswich

Property Details

Description

This substantial office building is located in the heart of Ipswich’s commercial district fronting the internationally renowned Norman Foster Willis building. Spanning 3 floors together with a large basement the property offers an opportunity for an owner occupier seeking to enjoy a prominent high street presence. Equally, there is a solid investment proposal both as a full commercial unit or potentially with an element of residential subject to planning permission. Although the property requires some refurbishment it is seen to benefit from gas central heating (n/t), some air conditioning (n/t) and many replacement windows. Viewing highly recommended.

Key Features

  • PRIME LOCATION
  • COMMERCIAL DISTRICT
  • OPPOSITE WILLIS
  • RECENT STREET REFURB
  • 3 FLOORS
  • REAR ACCESS
  • LARGE BASEMENT
  • STRONG INVESTMENT
  • POSS. RESIDENTIAL (STP)
Tenure

Freehold

EPC

E

Viewing

Thu 11 July 11:30 - 12:30
Sat 13 July 11:00 - 12:00
Mon 15 July 14:00 - 15:00

Solicitors

Mr David McLaughlin
Birketts LLP
Providence House
141-145 Princes Street
Ipswich
IP1 1QJ

Location

26 Princes Street, Ipswich, IP1 1RJ

*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.