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10
Lot 11

48A Waterloo Road, Ipswich, IP1 4EA

Sold for £68,000
Freehold warehouse/workshop... ideal investment/imaginative conversion (stp)

Property Details

Description

We are delighted to bring to auction this unique commercial property, which is of single-story brick construction under a flat roof. The property enjoys unrestricted pedestrian access and is approx. 1550 sq ft in size. We believe it will attract many end users and investors as a warehouse / workshop. However, given its location in a residential area on the western side of Ipswich, we consider it also provides an exciting and potentially very rewarding challenge for the lateral thinking speculative purchasers (stp). Recently the property has been used for storage purposes although we understand that the property was formally a workshop, with evidence of 3-phase electricity and a ducted warm air heating system remaining within the building. Viewing is an absolute must!

Key Features

  • HIDDEN GEM
  • FORMER WORKSHOP
  • EST. WAREHOUSE
  • RESIDENTIAL AREA
  • LATERAL THINKING
  • CREATIVE PROJECT
  • 1550 SQ.FT.
  • 2X GARDENS/YARDS
  • FLOORPLAN ONLINE
Tenure

Freehold

EPC

TBC

Viewing

Thu 21 Feb 14:00 - 15:00
Sat 23 Feb 09:30 - 10:30
Tue 26 Feb 10:30 - 11:30

Solicitors

Mr David Ross
Watkin Stewart & Ross
18 Lower Brook Street
Ipswich
IP4 1AL

Location

48A Waterloo Road, Ipswich, IP1 4EA

*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.