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13
Lot 14
15

33 Upper Orwell Street, Ipswich, Suffolk, IP4 1HN

Sold for £75,000
Freehold commercial unit in Ipswich Centre... potential for redevelopment

Property Details

Description

This vacant freehold commercial unit, positioned just off Ipswich town centre and towards the waterfront, is a Grade II listed building. It offers redevelopment potential, including the possibility of converting the upper space into a flat, subject to planning. The accommodation consists of a rebated entrance at the front providing 2 display windows, a 37′ long retail unit with kitchenette and WC. Upstairs offers 3 large rooms and a sizeable landing. This property provides a practical opportunity for investors interested in modest refurbishment projects that could transform it into a profitable, mixed-use investment. Priced the for Auction market.

Key Features

  • VACANT COMMERCIAL
  • GRADE II LISTED
  • REDEVELOPMENT POT.
  • CONVERSION POTENTIAL
  • PRACTICAL OPPORTUNITY
  • MODEST REFURBISHMENT
  • MIXED-USE INVESTMENT
  • AUCTION MARKET
Tenure

Freehold

EPC

TBC

Viewing

By appointment with the Auctioneers

Solicitors

Mr Chris Green
Barker Gotelee
41 Barrack Square
Martlesham Heath
Ipswich
IP5 3RF

Location

33 Upper Orwell Street, Ipswich, Suffolk, IP4 1HN

*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 £1,200 inclusive of VAT. Other fees disbursements may also apply, therefore before making a purchase, please refer to the Legal Pack and Special Conditions.