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366 Nacton Road, Ipswich, Suffolk, IP3 9ND

Auction Date:  September 24, 2025
Sold for £242,000
Freehold mixed-use investment, shop & flat... Over 10% return at guide

Property Details

Description

Situated in a popular shopping parade on the east side of Ipswich, this freehold mixed-use property comprises a ground floor retail unit with established fast food takeaway together with a self-contained two bedroom flat above. The commercial element is let to national franchise Pizza GoGo on a lease expiring in 2028, though we understand they have been in continuous occupation for nearly 20 years, currently producing £1,000 + VAT pcm. The first floor flat is let to the same tenant since 2006 at £485 pcm, now holding a periodic tenancy. Parking to the rear serves both units. Combined, the property produces an income of £17,820 per annum, equating to a strong return of over 10% at the guide price.

Key Features

  • EAST IPSWICH PARADE
  • FREEHOLD MIXED USE
  • TAKEAWAY & 2 BED FLAT
  • REAR PARKING INCLUDED
  • PIZZA GOGO TENANT
  • INCOME £17,820 PA
  • 10%+ RETURN AT GUIDE
Tenure

Freehold

EPC

TBC

Viewing

Sat 13 Sep - 14:00 - 15:00

(10 Minute viewing slots
MUST be pre-booked)

Solicitors

Mr Oliver Ray
Barker Gotelee
41 Barrack Square
Martlesham Heath
Ipswich
IP5 3RF

Tenancy

Shop - FRI Lease exp. 2028
Flat - AST from 2006 now periodic

Current Yield.

Shop - £12,000 (+VAT) pa
Flat - £485 pcm / £5,820 pa

Download Legal Pack

Location

366 Nacton Road, Ipswich, Suffolk, IP3 9ND

*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.