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Lot 7
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Bucklesham Water Mill and Land on the East side of, Newbourn Road, Bucklesham, Ipswich, Suffolk, IP10 0BY

Sold for £140,000
Former water mill and land... exciting redevelopment potential (STP)

Property Details

Description

This original water mill steeped in history was last used as an office building; however, now requires full refurbishment and redevelopment (STP). The mill lies adjacent to the Mill River which feeds the River Deben, and is located on the boundaries of the much sought-after villages of Newbourne and Bucklesham, some 6 miles East of Ipswich in an attractive semi-rural location. Note the freehold is divided into 2 parcels; however, there are rights over the central retained driveway. We consider there to be a plethora of opportunities for redevelopment and uses subject to the relevant planning permissions and approvals being granted. As mentioned, the property requires a comprehensive refurbishment programme to maximise its potential.

Key Features

  • FORMER WATER MILL
  • RENOVATION PROJECT
  • 1500 SQ.FT. (STS)
  • ACCOM OVER 3 FLOORS
  • RIVERSIDE FRONTAGE
  • VARIETY OF USES (STP)
  • VIDEO TOUR ONLINE
  • MUST BE VIEWED
Tenure

Freehold

EPC

G

Viewing

Sat 19 Sep 11:00 - 12:00
Mon 21 Sep 09:30 - 10:30
(10 Minute viewing slots
MUST be pre-booked)

Solicitors

Mr Brian Smith
Kerseys Solicitors
32 Lloyds Avenue
Ipswich
IP1 3HD

Location

Bucklesham Water Mill and Land on the East side of, Newbourn Road, Bucklesham, Ipswich, Suffolk, IP10 0BY

*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.